Koblianska Olena, PhD (Economics), Associate Professor of Accounting and Taxation of Institute of Technology and Business Banking Higher Education Institution Banking University, Kyiv, Ukraine

ORCID ID: 0000-0002-7455-8539
e-mail: elenakob@ukr.net

Zakharchuk Anastasiia, Master of Accounting and Taxation Department of Institute of Technology and Business Banking Higher Education Institution Banking University, Kyiv, Ukraine

e-mail: anastasiazakharchuk@gmail.com

Koblianska Galina, PhD (Economics), accountant, Kyiv, Ukraine

ORCID ID: 0000-0001-5262-6820
e-mail: gkoblianska@gmail.com

Methodology and Organization of Accounting of Income and Expenses in Commercial Banks

Abstract. Introduction. The article investigates the accounting of the incomes and expenses of commercial banks. The principles of accrual and matching of incomes and expenses of the bank are shown. Issues the organization of accounting in banks that make up the system of modern accounting, as well as features of their reflection in the accounting system of the bank’s income and expenditure and accumulation. Issues the display of information in the accounts of the sixth and seventh grades. During the research established that the accounting system of the bank reflects the financial resources involved in the process of banking activities and is comprised of elements that affect incomes and expenses and the final financial results of the bank.

Purpose. Determining features of the methodology and organization of accounting of incomes and expenses in banks, investigation of the economic essence of expenses and incomes of a commercial bank, determination of the characteristics of accounting incomes and expenses banking activities and the search for new ways to improve them.

Results. Incomes and expenses are derived from commercial banks, arising as a result of implementation of certain banking operations. Accounting system of bank incomes and expenses is the basis of the entire control system. In the bank financial statements  there are the metrics for the real state of assets, liabilities, bank equity, which requires consideration of the characteristics of accounting income and expenses.

Conclusions. To improve accounting of incomes and expenses of commercial banks should be improved accounting methods and increased competition in the banking sector. In this case, tangible benefits will be in those commercial banks in which is formed a clear subsystem of management accounting.

Keywords: accounting; income; expenses; commercial bank; money; banking; accounting of income and expenses; results of the bank’s activities.

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