Annals of the University of Petrosani: Economics (Dec 2016)
PARTICULARITIES OF ACCOUNTING FOR CLIENT CREDITING OPERATIONS
Abstract
Credit operations by credit institutions for customers generate the bulk of their revenue through interest and commissions. At the same time, these operations also involve high financial risks, with credit risk being the most important financial risk faced by credit institutions. Accounting for loans to customers ensures that credit operations are reflected by credit categories according to their purpose and destination. In the paper are presented the accounts of Class 2 Operations with Clients with which the clients' credit operations are reflected by categories and types of credits depending on the purpose of the assignment and their destination. Two types of credits, discount credit and a personal loan granted in CHF are presented, with their particulars being reflected in the accounting of the grant, the reimbursement, the collection of the interest and the related commissions.
