III.4 Accounting IFRS - Asociación de Supervisores Bancarios de las Américas https://asbaweb.net/en/bibl/aspects-related-to-prudential-management-and-direction/accounting-ifrs?format=html Mon, 26 Oct 2015 16:25:03 +0000 en-GB hourly 1 Guiding Principles for the Replacement of IAS 39 https://asbaweb.net/en/bibl/aspects-related-to-prudential-management-and-direction/accounting-ifrs/621-bcbs161-1?format=html Guiding Principles for the Replacement of IAS 39 The replacement of IAS 39 should improve the decision usefulness and relevance of financial reporting for stakeholders, including prudential regulators. Information is useful to users if it enables them to assess amounts, timing, and uncertainty of future cash flows of the reporting entity and stewardship and accountability of the entity’s management.

]]> https://asbaweb.net/en/bibl/aspects-related-to-prudential-management-and-direction/accounting-ifrs/621-bcbs161-1?format=html The replacement of IAS 39 should improve the decision usefulness and relevance of financial reporting for stakeholders, including prudential regulators. Information is useful to users if it enables them to assess amounts, timing, and uncertainty of future cash flows of the reporting entity and stewardship and accountability of the entity’s management.

]]> (Anonymous) III.4 Accounting IFRS Mon, 26 Oct 2015 16:25:03 +0000 IAS7 Statement of Cash Flows https://asbaweb.net/en/bibl/aspects-related-to-prudential-management-and-direction/accounting-ifrs/623-ias-7-statement-of-cash-flows?format=html IAS7 Statement of Cash Flows This extract has been prepared by IASC Foundation staff and has not been approved by the IASB. For the requirements reference must be made to International Financial Reporting Standards. The objective of this Standard is to require the provision of information about the historical changes in cash and cash equivalents of an entity by means of a statement of cash flows which classifies cash flows during the period from operating, investing and financing activities.

]]> https://asbaweb.net/en/bibl/aspects-related-to-prudential-management-and-direction/accounting-ifrs/623-ias-7-statement-of-cash-flows?format=html This extract has been prepared by IASC Foundation staff and has not been approved by the IASB. For the requirements reference must be made to International Financial Reporting Standards. The objective of this Standard is to require the provision of information about the historical changes in cash and cash equivalents of an entity by means of a statement of cash flows which classifies cash flows during the period from operating, investing and financing activities.

]]> (Anonymous) III.4 Accounting IFRS Sun, 01 Jan 2012 09:28:57 +0000 IAS1 Presentation of Financial Statements https://asbaweb.net/en/bibl/aspects-related-to-prudential-management-and-direction/accounting-ifrs/622-ias-1-presentation-of-financial-statements?format=html IAS1 Presentation of Financial Statements This extract has been prepared by IFRS Foundation staff and has not been approved by the IASB. For the requirements reference must be made to International Financial Reporting Standards. This Standard prescribes the basis for presentation of general purpose financial statements to ensure comparability both with the entity’s financial statements of previous periods and with the financial statements of other entities. It sets out overall requirements for the presentation of financial statements, guidelines for their structure and minimum requirements for their content.

]]> https://asbaweb.net/en/bibl/aspects-related-to-prudential-management-and-direction/accounting-ifrs/622-ias-1-presentation-of-financial-statements?format=html This extract has been prepared by IFRS Foundation staff and has not been approved by the IASB. For the requirements reference must be made to International Financial Reporting Standards. This Standard prescribes the basis for presentation of general purpose financial statements to ensure comparability both with the entity’s financial statements of previous periods and with the financial statements of other entities. It sets out overall requirements for the presentation of financial statements, guidelines for their structure and minimum requirements for their content.

]]> (Anonymous) III.4 Accounting IFRS Sun, 01 Jan 2012 00:00:00 +0000 Accounting Policies - Changes in Accounting Estimates and Errors https://asbaweb.net/en/bibl/aspects-related-to-prudential-management-and-direction/accounting-ifrs/624-ias-8?format=html Accounting Policies - Changes in Accounting Estimates and Errors This extract has been prepared by IFRS Foundation staff and has not been approved by the IASB. For the requirements reference must be made to International Financial Reporting Standards. The objective of this Standard is to prescribe the criteria for selecting and changing accounting policies, together with the accounting treatment and disclosure of changes in accounting policies, changes in accounting estimates and corrections of errors. The Standard is intended to enhance the relevance and reliability of an entity’s financial statements, and the comparability of those financial statements over time and with the financial statements of other entities. 

]]> https://asbaweb.net/en/bibl/aspects-related-to-prudential-management-and-direction/accounting-ifrs/624-ias-8?format=html This extract has been prepared by IFRS Foundation staff and has not been approved by the IASB. For the requirements reference must be made to International Financial Reporting Standards. The objective of this Standard is to prescribe the criteria for selecting and changing accounting policies, together with the accounting treatment and disclosure of changes in accounting policies, changes in accounting estimates and corrections of errors. The Standard is intended to enhance the relevance and reliability of an entity’s financial statements, and the comparability of those financial statements over time and with the financial statements of other entities. 

]]> (Anonymous) III.4 Accounting IFRS Sat, 31 Dec 2011 13:30:23 +0000 Provisioning Requirements in Latin America: Where does the Region Stand? https://asbaweb.net/en/bibl/aspects-related-to-prudential-management-and-direction/accounting-ifrs/125-ca13?format=html Provisioning Requirements in Latin America: Where does the Region Stand? The recent international financial crisis has brought to the forefront the need to improve financial regulatory and supervisory frameworks. In particular, compliance with international regulatory standards in developed countries proved inadequate to contain excessive risks taken by individual financial institutions and those generated by the financial system as a whole. Although the distinction between risks at the individual financial institution level and at the financial system level is not new (and certainly well recognized by a number of Latin American countries, as will be discussed below), the crisis made it evident that most regulatory frameworks around the world did not adequately incorporate these differences. 

]]> https://asbaweb.net/en/bibl/aspects-related-to-prudential-management-and-direction/accounting-ifrs/125-ca13?format=html The recent international financial crisis has brought to the forefront the need to improve financial regulatory and supervisory frameworks. In particular, compliance with international regulatory standards in developed countries proved inadequate to contain excessive risks taken by individual financial institutions and those generated by the financial system as a whole. Although the distinction between risks at the individual financial institution level and at the financial system level is not new (and certainly well recognized by a number of Latin American countries, as will be discussed below), the crisis made it evident that most regulatory frameworks around the world did not adequately incorporate these differences. 

]]> (Anonymous) III.4 Accounting IFRS Mon, 01 Aug 2011 04:52:05 +0000 Financial Instruments: Impairment https://asbaweb.net/en/bibl/aspects-related-to-prudential-management-and-direction/accounting-ifrs/126-ca14?format=html Financial Instruments: Impairment Financial Instruments: Impairment, a supplement to the exposure draft Financial Instruments: Amortised Cost and Impairment, is published by the International Accounting Standards Board (IASB) for comment only. The proposals may be modified in the light of the comments received before being issued in final form as an International Financial Reporting Standard (IFRS). Comments on this supplementary document (including Appendix Z) and the Basis for Conclusions should be submitted in writing so as to be received by 1 April 2011. Respondents are asked to send their comments electronically to the IFRS Foundation website (www.ifrs.org), using the ‘Comment on a proposal’ page. 

]]> https://asbaweb.net/en/bibl/aspects-related-to-prudential-management-and-direction/accounting-ifrs/126-ca14?format=html Financial Instruments: Impairment, a supplement to the exposure draft Financial Instruments: Amortised Cost and Impairment, is published by the International Accounting Standards Board (IASB) for comment only. The proposals may be modified in the light of the comments received before being issued in final form as an International Financial Reporting Standard (IFRS). Comments on this supplementary document (including Appendix Z) and the Basis for Conclusions should be submitted in writing so as to be received by 1 April 2011. Respondents are asked to send their comments electronically to the IFRS Foundation website (www.ifrs.org), using the ‘Comment on a proposal’ page. 

]]> (Anonymous) III.4 Accounting IFRS Sat, 01 Jan 2011 03:53:32 +0000 Transición a Normas Internacionales de Información Financiera (NIIF) en las Américas https://asbaweb.net/en/bibl/aspects-related-to-prudential-management-and-direction/accounting-ifrs/174-ifrs01?format=html Transición a Normas Internacionales de Información Financiera (NIIF) en las Américas En las últimas décadas se ha observado una intensa transformación en el desarrollo de los mercados mundiales, la misma que se extiende al sistema financiero. Esta transformación está caracterizada por mayor competencia, una creciente interacción entre mercados de capitales e intermediarios financieros y una mayor innovación de productos y tecnologías financieras. Este conjunto de características ha llevado a un consenso a nivel internacional sobre la necesidad de obtener información financiera de alta calidad que sea comparable, coherente y transparente.

(Text in Spanish)

]]> https://asbaweb.net/en/bibl/aspects-related-to-prudential-management-and-direction/accounting-ifrs/174-ifrs01?format=html En las últimas décadas se ha observado una intensa transformación en el desarrollo de los mercados mundiales, la misma que se extiende al sistema financiero. Esta transformación está caracterizada por mayor competencia, una creciente interacción entre mercados de capitales e intermediarios financieros y una mayor innovación de productos y tecnologías financieras. Este conjunto de características ha llevado a un consenso a nivel internacional sobre la necesidad de obtener información financiera de alta calidad que sea comparable, coherente y transparente.

(Text in Spanish)

]]> (Anonymous) III.4 Accounting IFRS Sun, 31 Oct 2010 21:10:36 +0000 Supervisory guidance for assessing banks’ financial instrument fair value practices https://asbaweb.net/en/bibl/aspects-related-to-prudential-management-and-direction/accounting-ifrs/124-ca12?format=html Supervisory guidance for assessing banks’ financial instrument fair value practices Over the past year, risk management and reporting issues related to bank valuations of complex or illiquid financial instruments, and the implications for regulatory capital requirements and bank supervision, have received considerable attention. The application of fair value accounting to a wider range of financial instruments, together with experiences from the recent market turmoil, have emphasised the critical importance of robust risk management and control processes around the measurement of fair values and their reliability. Moreover, given the significance of fair value measurements for regulatory capital adequacy and internal bank risk management it is equally important that supervisors assess the soundness of banks’ valuation practices through the Pillar 2 supervisory review process under the Basel II Framework.  

]]> https://asbaweb.net/en/bibl/aspects-related-to-prudential-management-and-direction/accounting-ifrs/124-ca12?format=html Over the past year, risk management and reporting issues related to bank valuations of complex or illiquid financial instruments, and the implications for regulatory capital requirements and bank supervision, have received considerable attention. The application of fair value accounting to a wider range of financial instruments, together with experiences from the recent market turmoil, have emphasised the critical importance of robust risk management and control processes around the measurement of fair values and their reliability. Moreover, given the significance of fair value measurements for regulatory capital adequacy and internal bank risk management it is equally important that supervisors assess the soundness of banks’ valuation practices through the Pillar 2 supervisory review process under the Basel II Framework.  

]]> (Anonymous) III.4 Accounting IFRS Wed, 01 Apr 2009 04:50:40 +0000 The role of valuation and leverage in procyclicality https://asbaweb.net/en/bibl/aspects-related-to-prudential-management-and-direction/accounting-ifrs/123-ca11?format=html The role of valuation and leverage in procyclicality This report has been prepared by a joint Working Group of the Financial Stability Forum (FSF) and the Committee on the Global Financial System (CGFS). The Working Group was chaired by Jean-Pierre Landau of the Bank of France. The report is part of the effort of the FSF to examine forces that contribute to procyclicality in the financial system and to recommend policy options to mitigate them. Recommendations drawn from the policy options discussed in this report are presented in the FSF’s April 2009 report entitled Addressing procyclicality in the financial system.

]]> https://asbaweb.net/en/bibl/aspects-related-to-prudential-management-and-direction/accounting-ifrs/123-ca11?format=html This report has been prepared by a joint Working Group of the Financial Stability Forum (FSF) and the Committee on the Global Financial System (CGFS). The Working Group was chaired by Jean-Pierre Landau of the Bank of France. The report is part of the effort of the FSF to examine forces that contribute to procyclicality in the financial system and to recommend policy options to mitigate them. Recommendations drawn from the policy options discussed in this report are presented in the FSF’s April 2009 report entitled Addressing procyclicality in the financial system.

]]> (Anonymous) III.4 Accounting IFRS Wed, 01 Apr 2009 04:48:58 +0000 Fair value measurement and modelling: An assessment of challenges and lessons learned from the market stress https://asbaweb.net/en/bibl/aspects-related-to-prudential-management-and-direction/accounting-ifrs/122-ca10?format=html Fair value measurement and modelling: An assessment of challenges and lessons learned from the market stress Under both International Financial Reporting Standards (IFRS) and US Generally Accepted Accounting Principles (US GAAP), banks and other companies have a wider range of financial instruments using fair values. Fair value measures also have been applied to increasingly complex, less liquid financial instruments. This complexity, along with the growing importance of fair value measures, means that it is critical that banks implement and maintain robust risk management and control processes around the measurement of fair values and their reliability.  

]]> https://asbaweb.net/en/bibl/aspects-related-to-prudential-management-and-direction/accounting-ifrs/122-ca10?format=html Under both International Financial Reporting Standards (IFRS) and US Generally Accepted Accounting Principles (US GAAP), banks and other companies have a wider range of financial instruments using fair values. Fair value measures also have been applied to increasingly complex, less liquid financial instruments. This complexity, along with the growing importance of fair value measures, means that it is critical that banks implement and maintain robust risk management and control processes around the measurement of fair values and their reliability.  

]]> (Anonymous) III.4 Accounting IFRS Sat, 31 May 2008 16:45:21 +0000 Supervisory guidance on the use of the fair value option for financial instruments by banks https://asbaweb.net/en/bibl/aspects-related-to-prudential-management-and-direction/accounting-ifrs/120-ca08?format=html Supervisory guidance on the use of the fair value option for financial instruments by banks This document is intended to provide supervisors with guidance on the prudential supervision of banks’ implementation of the fair value option for financial instruments, such as under IAS 39, Financial Instruments: Recognition and Measurement, as amended in June 2005. While this guidance refers specifically to the fair value option in IAS 39, the Basel Committee on Banking Supervision (Committee) recognises that similar fair value option approaches exist or are being considered in various other accounting regimes. The Committee believes the principles set forth in this supervisory guidance should be generally applicable in such other regimes, although national supervisors will need to make that determination based on the criteria and requirements of the fair value option in their jurisdiction. This guidance focuses on supervisors’ expectations for key policy positions and sound practices for banks that the Committee believes will promote sound risk management and controls and maintain the integrity of regulatory capital measures.  

]]> https://asbaweb.net/en/bibl/aspects-related-to-prudential-management-and-direction/accounting-ifrs/120-ca08?format=html This document is intended to provide supervisors with guidance on the prudential supervision of banks’ implementation of the fair value option for financial instruments, such as under IAS 39, Financial Instruments: Recognition and Measurement, as amended in June 2005. While this guidance refers specifically to the fair value option in IAS 39, the Basel Committee on Banking Supervision (Committee) recognises that similar fair value option approaches exist or are being considered in various other accounting regimes. The Committee believes the principles set forth in this supervisory guidance should be generally applicable in such other regimes, although national supervisors will need to make that determination based on the criteria and requirements of the fair value option in their jurisdiction. This guidance focuses on supervisors’ expectations for key policy positions and sound practices for banks that the Committee believes will promote sound risk management and controls and maintain the integrity of regulatory capital measures.  

]]> (Anonymous) III.4 Accounting IFRS Wed, 31 May 2006 16:39:13 +0000 Sound credit risk assessment and valuation for loans https://asbaweb.net/en/bibl/aspects-related-to-prudential-management-and-direction/accounting-ifrs/119-ca07?format=html Sound credit risk assessment and valuation for loans This paper is intended to provide banks and supervisors with guidance on sound credit risk assessment and valuation policies and practices for loans regardless of the accounting framework applied. As such, the principles in this paper are intended to be consistent with those set forth in the International Financial Reporting Standards (IFRS) applicable to loan impairment. Specifically, the paper addresses how common data and processes may be used for credit risk assessment, accounting and capital adequacy purposes and highlights provisioning concepts that are consistent in prudential and accounting frameworks. This guidance focuses on policies and practices that the Basel Committee on Banking Supervision believes will promote sound credit risk assessment and controls.

]]> https://asbaweb.net/en/bibl/aspects-related-to-prudential-management-and-direction/accounting-ifrs/119-ca07?format=html This paper is intended to provide banks and supervisors with guidance on sound credit risk assessment and valuation policies and practices for loans regardless of the accounting framework applied. As such, the principles in this paper are intended to be consistent with those set forth in the International Financial Reporting Standards (IFRS) applicable to loan impairment. Specifically, the paper addresses how common data and processes may be used for credit risk assessment, accounting and capital adequacy purposes and highlights provisioning concepts that are consistent in prudential and accounting frameworks. This guidance focuses on policies and practices that the Basel Committee on Banking Supervision believes will promote sound credit risk assessment and controls.

]]> (Anonymous) III.4 Accounting IFRS Wed, 31 May 2006 10:37:44 +0000 Supervisory guidance on the use of the fair value option by banks under International Financial Reporting Standards https://asbaweb.net/en/bibl/aspects-related-to-prudential-management-and-direction/accounting-ifrs/118-ca06?format=html Supervisory guidance on the use of the fair value option by banks under International Financial Reporting Standards This document is intended to provide supervisors with guidance on the prudential supervision of banks’ implementation of the fair value option under IAS 39 as amended on 16 June 2005. This guidance focuses on supervisors’ expectations for key policy positions and sound practices for banks that the Basel Committee on Banking Supervision believes will promote sound risk management and controls and maintain the integrity of regulatory capital measures. The guidelines and recommended practices presented here address: (a) sound risk management and control processes for banks that utilise the fair value option; and (b) the manner in which supervisors should consider the level and nature of banks’ use of the fair value option when assessing the adequacy of bank risk management and regulatory capital. In addition, the guidance also discusses supplemental information through supervisory reporting that will assist supervisors in understanding how banks are using the fair value option and its impact on their financial condition.

]]> https://asbaweb.net/en/bibl/aspects-related-to-prudential-management-and-direction/accounting-ifrs/118-ca06?format=html This document is intended to provide supervisors with guidance on the prudential supervision of banks’ implementation of the fair value option under IAS 39 as amended on 16 June 2005. This guidance focuses on supervisors’ expectations for key policy positions and sound practices for banks that the Basel Committee on Banking Supervision believes will promote sound risk management and controls and maintain the integrity of regulatory capital measures. The guidelines and recommended practices presented here address: (a) sound risk management and control processes for banks that utilise the fair value option; and (b) the manner in which supervisors should consider the level and nature of banks’ use of the fair value option when assessing the adequacy of bank risk management and regulatory capital. In addition, the guidance also discusses supplemental information through supervisory reporting that will assist supervisors in understanding how banks are using the fair value option and its impact on their financial condition.

]]> (Anonymous) III.4 Accounting IFRS Thu, 30 Jun 2005 21:59:54 +0000 La reforma del sistema de provisiones de insolvencia https://asbaweb.net/en/bibl/aspects-related-to-prudential-management-and-direction/accounting-ifrs/116-ca04?format=html La reforma del sistema de provisiones de insolvencia El pasado mes de diciembre, el Banco de España publicó una Circular que modifica la regulación sobre provisión del riesgo de crédito, o provisión de insolvencias contenida en su Circular sobre normas de contabilidad. La modificación presenta alguna novedad conceptual muy interesante e importante, que va a tener efectos apreciables en las cuentas de las entidades de crédito de los próximos años. El proyecto, como cualquier norma contable del Banco de España, fue sometido a consulta de las asociaciones profesionales de las entidades de crédito afectadas, y de otros organismos e instancias públicas implicadas.

(Text in Spanish) 

]]> https://asbaweb.net/en/bibl/aspects-related-to-prudential-management-and-direction/accounting-ifrs/116-ca04?format=html El pasado mes de diciembre, el Banco de España publicó una Circular que modifica la regulación sobre provisión del riesgo de crédito, o provisión de insolvencias contenida en su Circular sobre normas de contabilidad. La modificación presenta alguna novedad conceptual muy interesante e importante, que va a tener efectos apreciables en las cuentas de las entidades de crédito de los próximos años. El proyecto, como cualquier norma contable del Banco de España, fue sometido a consulta de las asociaciones profesionales de las entidades de crédito afectadas, y de otros organismos e instancias públicas implicadas.

(Text in Spanish) 

]]> (Anonymous) III.4 Accounting IFRS Sat, 01 Jan 2000 02:57:11 +0000 La Divulgación de Actividades relacionadas con Transacciones y Derivados de Bancos y Sociedades de Colocación https://asbaweb.net/en/bibl/aspects-related-to-prudential-management-and-direction/accounting-ifrs/114-ca02?format=html La Divulgación de Actividades relacionadas con Transacciones y Derivados de Bancos y Sociedades de Colocación La publicación de este quinto informe anual sobre la divulgación de actividades relacionadas con transacciones y derivados de los bancos y las sociedades de colocación grandes del G10 representa los esfuerzos permanentes de el Comité de Basilea de Supervisión de Bancos y el Comité Técnico de la IOSCO para promover la transparencia de las actividades relacionadas con transacciones y derivados en las instituciones financieras.

(Text in Spanish) 

]]> https://asbaweb.net/en/bibl/aspects-related-to-prudential-management-and-direction/accounting-ifrs/114-ca02?format=html La publicación de este quinto informe anual sobre la divulgación de actividades relacionadas con transacciones y derivados de los bancos y las sociedades de colocación grandes del G10 representa los esfuerzos permanentes de el Comité de Basilea de Supervisión de Bancos y el Comité Técnico de la IOSCO para promover la transparencia de las actividades relacionadas con transacciones y derivados en las instituciones financieras.

(Text in Spanish) 

]]> (Anonymous) III.4 Accounting IFRS Tue, 30 Nov 1999 04:54:13 +0000 Prácticas Sanas para la Divulgación y Contabilidad de Préstamos https://asbaweb.net/en/bibl/aspects-related-to-prudential-management-and-direction/accounting-ifrs/115-ca03?format=html Prácticas Sanas para la Divulgación y Contabilidad de Préstamos Este documento proporciona pautas para bancos y supervisores de bancos respecto del reconocimiento y la medición de préstamos, la fijación de provisiones para la pérdida de préstamos, la divulgación del riesgo de crédito y temas relacionados con ello. Presenta los puntos de vistas de los supervisores de bancos sobre Prácticas Sanas para la Divulgación y Contabilidad de Préstamos para los bancos. El documento también sirve como marco básico para la evaluación por entes de supervisión de las políticas y prácticas de los bancos en estos ámbitos. También puede ser útil para los responsables de definir normas contables.

(Text in Spanish)

]]> https://asbaweb.net/en/bibl/aspects-related-to-prudential-management-and-direction/accounting-ifrs/115-ca03?format=html Este documento proporciona pautas para bancos y supervisores de bancos respecto del reconocimiento y la medición de préstamos, la fijación de provisiones para la pérdida de préstamos, la divulgación del riesgo de crédito y temas relacionados con ello. Presenta los puntos de vistas de los supervisores de bancos sobre Prácticas Sanas para la Divulgación y Contabilidad de Préstamos para los bancos. El documento también sirve como marco básico para la evaluación por entes de supervisión de las políticas y prácticas de los bancos en estos ámbitos. También puede ser útil para los responsables de definir normas contables.

(Text in Spanish)

]]> (Anonymous) III.4 Accounting IFRS Wed, 30 Jun 1999 21:55:54 +0000 Marco para la Evaluación de los Sistemas de Control Interno https://asbaweb.net/en/bibl/aspects-related-to-prudential-management-and-direction/accounting-ifrs/113-ca01?format=html Marco para la Evaluación de los Sistemas de Control Interno Como parte de los esfuerzos que está realizando para abordar los problemas de supervisión bancaria y mejorar la supervisión, a través de un asesoramiento que fomenta el uso de prácticas acertadas de gestión de riesgos, el Comité de Basilea para la Supervisión Bancaria pone este proyecto de marco a la consideración de los supervisores de bancos y demás interesados. El objetivo es que los supervisores utilicen este marco para evaluar los sistemas de control interno de los bancos. Un sistema eficiente de controles internos es un componente esencial de la gestión bancaria y el fundamento de las operaciones bancarias seguras y prudentes.

(Text in Spanish)

]]> https://asbaweb.net/en/bibl/aspects-related-to-prudential-management-and-direction/accounting-ifrs/113-ca01?format=html Como parte de los esfuerzos que está realizando para abordar los problemas de supervisión bancaria y mejorar la supervisión, a través de un asesoramiento que fomenta el uso de prácticas acertadas de gestión de riesgos, el Comité de Basilea para la Supervisión Bancaria pone este proyecto de marco a la consideración de los supervisores de bancos y demás interesados. El objetivo es que los supervisores utilicen este marco para evaluar los sistemas de control interno de los bancos. Un sistema eficiente de controles internos es un componente esencial de la gestión bancaria y el fundamento de las operaciones bancarias seguras y prudentes.

(Text in Spanish)

]]> (Anonymous) III.4 Accounting IFRS Wed, 31 Dec 1997 05:52:41 +0000