Accounting Practices Related to the Banking Industry. Network Settlements

The complexity, completeness and particularities of the banking industry influence opposable accounting practices. Approaching accounting practices for settlements within the banking network assumes the identification of the internal component of the activity of the entities operating within this in...

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Bibliographic Details
Published inCECCAR Business Review Vol. 4; no. 12; pp. 16 - 25
Main Authors Pitulice, Ileana Cosmina, Ștefănescu, Aurelia
Format Journal Article
LanguageEnglish
Published The Body of Expert and Licensed Accountants of Romania 31.12.2024
Subjects
accounting practices
banking network
credit institution
settlements
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Summary:The complexity, completeness and particularities of the banking industry influence opposable accounting practices. Approaching accounting practices for settlements within the banking network assumes the identification of the internal component of the activity of the entities operating within this industry. The research approach is two-dimensional. The first dimension considers the conceptual and regulatory aspects specific to network settlements in the banking industry. The second dimension presents accounting practices opposed to settlements within the banking network. We believe that this approach will outline to the concerned parties of the banking industry a picture of the accounting practices specific to the transactions carried out at the individual and intrabank level.
ISSN:1454-9263
2668-8921
DOI:10.37945/cbr.2023.12.03