Inherent in banks as financial

Also affect the construction of financial accounting in banks. Given the fact that the activities of commercial banks regulated by the National Bank of Ukraine, its competence also includes the development of rules and techniques of financial accounting in banks. NBU powers in this area are set out in the laws "On the National Bank of Ukraine" and "On Banks and Banking." But set out in regulations of the NBU (instructions, regulations, guidelines) rules, practices and procedures of financial accounting should not conflict with national regulations (standards) accounting and reporting. Only when those aspects of financial reporting by banks is not settled the existing provisions of accounting [P (C) BU], the National Bank may, in the development of accounting regulations apply IAS. This situation has developed because of the absence of national provisions, which would set requirements for banks to disclose their information in the financial statements. Therefore, guidance documents, defining the rules and procedures for the preparation and publication of financial statements of banks, developed by the National Bank on the basis of International Accounting Standard IAS-30, which is called Topic: The role of accounting in the management of the bank, its types and destination