ACCOUNTING OF CREDIT INSTITUTIONS

Bank accounting frameworks - Structure of bank operations - Sources and specifications of bank accounting - Charts of accounts in credit institutions - Regulatory requirements Banking Capital operations accounting Banking Assets operations accounting Cash flow and interbanks operations accounting - Operations in relation with the Central Bank - Correspondant banking operations: nostro and vostro accounts - Repo operations - Foreign currency operations Applications : recording of several accounting entries related to cash flow management and interbank operations Accounting of bank customer service operations - Deposit operations and means of payment - Customer credit operations - Accounting of provisions - Off-balance sheet commitments Applications : recording of several entries related to customer service operations Accounting of financial instruments - Accounting classification of financial instruments - Introduction to the IFRS 7 Applications : recording of several accounting entries related to operations on financial instruments Accounting of banking incomes and expenses

Students will be able to: ■ identify and solve problems and make decisions using critical and creative thinking in bank accounting; ■ work effectively with others as members of a team, group, organisation and community in the banking area; ■ develop general and specific skills in bank accounting to integrate theory and practice and which could be used for compliance with generally accepted accounting practice.