of July 1, 2011 No. 68
About approval of the Instruction for conducting financial accounting by certain subjects of the financial market
According to the subitem 63) of part two of article 15 of the Law of the Republic of Kazakhstan "About National Bank of the Republic of Kazakhstan", the subitem 2) of Item 6 of article 20 of the Law of the Republic of Kazakhstan "About financial accounting and the financial reporting" the Board of National Bank of the Republic of Kazakhstan DECIDES:
1. Approve the enclosed Instruction for conducting financial accounting by certain subjects of the financial market.
2. This Instruction disaggregates conducting financial accounting of transactions on placement of own money in deposits, loans, securities, derivative tools, the affined precious metals, foreign currency, hedging transactions, and also repo operations and the return repo by the single accumulation pension fund, the Voluntary accumulation pension funds (further – the accumulation pension funds), the organizations performing separate types of banking activities, the insurance (reinsurance) organizations, the Islamic insurance (reinsurance) organizations, societies of mutual insurance, insurance brokers, professional participants of the security market, special finance companies, joint-stock investment funds and the microfinancial organizations (further – the organization).
Action of Chapters 4, of 7, of 9, of the 10 and 11 this Instruction does not extend to the Islamic insurance (reinsurance) organizations.
3. From the date of enforcement of this resolution to recognize invalid the resolution of Board of National Bank of the Republic of Kazakhstan of November 28, 2008 No. 98 "About approval of the Instruction for conducting financial accounting by certain subjects of the financial market of the Republic of Kazakhstan" (registered in the Register of state registration of regulatory legal acts at No. 5433).
Chairman of National Bank
G. Marchenko
Approved by the Resolution of Board of National Bank of the Republic of Kazakhstan of July 1, 2011 No. 68
1. This Instruction is developed according to the subitem 63) of part two of article 15 of the Law of the Republic of Kazakhstan "About National Bank of the Republic of Kazakhstan", the subitem 2) of Item 6 of article 20 of the Law of the Republic of Kazakhstan "About financial accounting and the financial reporting" and international accounting standards.
2. This Instruction disaggregates conducting financial accounting by the single accumulation pension fund, the Voluntary accumulation pension funds (further – the accumulation pension funds), the organizations performing separate types of banking activities (except for the mortgage organizations and legal entities which were earlier subsidiary banks), professional participants of the security market, the organizations performing microfinancial activities, insurance brokers and branches of insurance brokers - nonresidents of the Republic of Kazakhstan, the organization guaranteeing implementation of insurance payments to insurers (insured, to beneficiaries) in case of liquidation of insurance companies, managing directors of investment portfolio of assets of the clients who are in investment management (further – the organization), and the organizations performing broker activities in the security market (further – the broker), assets, the broker services received from clients under the agreement on rendering.
3. In this Instruction accounting methods of transactions of purchase and sale of financial assets for date of the conclusion of the transaction and for date of payment under the transaction according to international accounting standards are applied. The choice of one of the accounting methods of transactions of purchase and sale of financial assets specified in this Item is determined by accounting policy of the organization.
When conducting financial accounting of assets of the clients who are in investment management and the assets received from clients under the agreement on rendering broker services, the organization and the broker apply off-balance accounts according to the resolution of Board of National Bank of the Republic of Kazakhstan of September 22, 2008 No. 79 "About approval of the Standard chart of accounts of financial accounting to certain subjects of the financial market of the Republic of Kazakhstan" (it is registered in the Register of state registration of regulatory legal acts at No. 5348).
4. Making of the additional accounting entries which are not contradicting this Instruction and the legislation of the Republic of Kazakhstan on financial accounting and the financial reporting is allowed.
It is excluded according to the Resolution of Board of National Bank of the Republic of Kazakhstan of 19.03.2025 No. 17
6. Upon purchase of the debt securities classified in category "the securities estimated at fair value which changes are reflected in profit or loss" and "securities carried at fair value through other comprehensive income" (on the purchase value including costs according to the transaction) the following accounting entries are performed:
1) in case of advance transfer to the broker:
|
Дт |
1610 02 |
Settlings with brokers |
|
Кт |
1030 |
Money on current accounts; |
2) on the net value of the acquired debt security (on the amount which is not exceeding it nominal value) taking into account costs according to the transaction:
|
Дт |
1120 01 |
The financial assets carried at fair value which changes are reflected in profit or loss |
|
|
1140 01 |
The current financial assets carried at fair value through other comprehensive income |
|
|
2030 01 |
The non-current financial assets carried at fair value through other comprehensive income |
|
Кт |
1030 |
Money on current accounts |
|
|
1610 02 |
Settlings with brokers; |
3) on the award amount including the costs connected with acquisition of the debt security:
|
Дт |
1120 03 |
Award on the acquired financial assets carried at fair value which changes are reflected in profit or loss |
|
|
1140 03 |
Award on the acquired financial assets carried at fair value through other comprehensive income |
|
|
2030 03 |
Award on the acquired non-current financial assets carried at fair value through other comprehensive income |
|
Кт |
1030 |
Money on current accounts; |
4) on the amount of discount (discount):
|
Дт |
1120 01 |
The financial assets carried at fair value which changes are reflected in profit or loss |
|
|
1140 01 |
The current financial assets carried at fair value through other comprehensive income |
|
|
2030 01 |
The non-current financial assets carried at fair value through other comprehensive income |
|
Кт |
1120 02 |
Discount on the acquired financial assets carried at fair value which changes are reflected in profit or loss |
|
|
1140 02 |
Discount on the acquired financial assets carried at fair value through other comprehensive income |
|
|
2030 02 |
Discount on the acquired non-current financial assets carried at fair value through other comprehensive income; |
5) on the amount of remuneration, added by the previous holder:
|
Дт |
2170 03 |
The remuneration added by the previous holders on securities |
|
|
1270 04 |
The remuneration added by the previous holders on securities |
|
Кт |
1030 |
Money on current accounts; |
6) in case of exceeding of the amount of transaction on purchase of debt securities over their fair value:
|
Дт |
7470 10 |
Expenses from purchase - security sale |
|
Кт |
1120 02 |
Discount on the acquired financial assets carried at fair value which changes are reflected in profit or loss |
|
|
1120 03 |
Award on the acquired financial assets carried at fair value which changes are reflected in profit or loss |
|
|
1140 02 |
Discount on the acquired financial assets carried at fair value through other comprehensive income |
|
|
1140 03 |
Award on the acquired financial assets carried at fair value through other comprehensive income |
|
|
2030 02 |
Discount on the acquired non-current financial assets carried at fair value through other comprehensive income |
|
|
2030 03 |
Award on the acquired non-current financial assets carried at fair value through other comprehensive income; |
7) in case of excess of fair value of debt securities over the amount of transaction on their purchase:
|
Дт |
1120 02 |
Discount on the acquired financial assets carried at fair value which changes are reflected in profit or loss |
|
|
1120 03 |
Award on the acquired financial assets carried at fair value which changes are reflected in profit or loss |
|
|
1140 02 |
Discount on the acquired financial assets carried at fair value through other comprehensive income |
|
|
1140 03 |
Award on the acquired financial assets carried at fair value through other comprehensive income |
|
|
2030 02 |
Discount on the acquired non-current financial assets carried at fair value through other comprehensive income |
|
|
2030 03 |
Award on the acquired non-current financial assets carried at fair value through other comprehensive income |
|
Кт |
6280 09 |
Income from purchase - security sale. |
7. When charging remuneration according to the acquired debt securities carried at fair value which changes are reflected in profit or loss and carried at fair value through other comprehensive income, with the frequency established by accounting policy of the organization on the amount of the added remuneration the following accounting entry is performed:
|
Дт |
1270 01 |
Imputed incomes in the form of remuneration on the acquired securities |
|
|
2170 01 |
Imputed incomes in the form of remuneration on the acquired securities |
|
Кт |
6110 01 |
The income connected with receipt of remuneration on the acquired securities. |
8. When charging expenses in the form of the corporate income tax which is subject to deduction at source of payment by the issuer of the debt security the following accounting entry is performed:
|
Дт |
7710 |
Expenses on the corporate income tax |
|
Кт |
3110 01 |
The corporate income tax which is subject to payment. |
9. In case of depreciation of premium or discount (discount) to the acquired debt securities carried at fair value which changes are reflected in profit or loss and carried at fair value through other comprehensive income, with the frequency established by accounting policy of the organization the following accounting entries are performed:
1) on award depreciation amount:
|
Дт |
7310 02 |
The expenses connected with depreciation of premium to the acquired securities |
|
Кт |
1120 03 |
Award on the acquired financial assets carried at fair value which changes are reflected in profit or loss |
|
|
1140 03 |
Award on the acquired financial assets carried at fair value through other comprehensive income |
|
|
2030 03 |
Award on the acquired non-current financial assets carried at fair value through other comprehensive income; |
2) on depreciation amount of discount (discount):
|
Дт |
1120 02 |
Discount on the acquired financial assets carried at fair value which changes are reflected in profit or loss |
|
|
1140 02 |
Discount on the acquired financial assets carried at fair value through other comprehensive income |
|
|
2030 02 |
Discount on the acquired non-current financial assets carried at fair value through other comprehensive income |
|
Кт |
6110 03 |
The income connected with depreciation of discount on the acquired securities. |
10. After charge of remuneration and depreciation of award or discount (discount) according to Items 7 and 9 of this Instruction, revaluation of the acquired debt securities estimated at fair value which changes are reflected in profit or loss, and carried at fair value through other comprehensive income is made, at fair value, with the frequency established by accounting policy of the organization and the following accounting entries are performed:
1) according to the debt securities carried at fair value which changes are reflected in profit or loss:
if fair value of debt securities is higher than their cost at which they are reflected in the balance sheet less remuneration:
|
Дт |
1120 04 |
Positive fair value adjustment of the financial assets carried at fair value which changes are reflected in profit or loss | |
|
Кт |
6150 01 |
Income from change in value of the securities carried at fair value which changes are reflected in profit or loss; |
if the cost of debt securities at which they are reflected in the balance sheet less remuneration above their fair value:
|
Дт |
7470 03 |
Expenses from change in value of the securities carried at fair value which changes are reflected in profit or loss | |
|
Кт |
1120 05 |
Negative fair value adjustment of the financial assets carried at fair value which changes are reflected in profit or loss; |
on the amount of the registered positive or negative fair value adjustment of debt securities:
|
Дт |
1120 05 |
Negative fair value adjustment of the financial assets carried at fair value which changes are reflected in profit or loss | |
|
Кт |
1120 04 |
Positive fair value adjustment of the financial assets carried at fair value which changes are reflected in profit or loss. |
2) according to the debt securities carried at fair value through other comprehensive income:
if fair value of debt securities is higher than their cost at which they are reflected in the balance sheet less remuneration:
|
Дт |
1140 04 |
Positive fair value adjustment of the financial assets carried at fair value through other comprehensive income | |
|
2030 04 |
Positive fair value adjustment of the non-current financial assets carried at fair value through other comprehensive income | ||
|
Кт |
5440 |
Reserve on revaluation of the financial assets carried at fair value through other comprehensive income; |
if the cost of debt securities at which they are reflected in the balance sheet less remuneration above their fair value:
|
Дт |
5440 |
Reserve on revaluation of the financial assets carried at fair value through other comprehensive income | |
|
Кт |
1140 05 |
Negative fair value adjustment of the financial assets carried at fair value through other comprehensive income | |
|
2030 05 |
Negative fair value adjustment of the non-current financial assets carried at fair value through other comprehensive income; |
on the amount of the registered positive or negative fair value adjustment of debt securities:
|
Дт |
1140 05 |
Negative fair value adjustment of the financial assets carried at fair value through other comprehensive income | |
|
2030 05 |
Negative fair value adjustment of the non-current financial assets carried at fair value through other comprehensive income | ||
|
Кт |
1140 04 |
Positive fair value adjustment of the financial assets carried at fair value through other comprehensive income | |
|
2030 04 |
Positive fair value adjustment of the non-current financial assets carried at fair value through other comprehensive income. |
11. In case of revaluation of the debt securities carried at fair value which changes are reflected in profit or loss and carried at fair value through other comprehensive income which cost is expressed in foreign currency, on the exchange rate of currencies the following accounting entries are performed:
1) according to the debt securities carried at fair value which changes are reflected in profit or loss:
in case of increase in the exchange rate of currencies at the amount of positive exchange difference:
|
Дт |
1120 01 |
The financial assets carried at fair value which changes are reflected in profit or loss |
|
|
1120 03 |
Award on the acquired financial assets carried at fair value which changes are reflected in profit or loss |
|
|
1120 04 |
Positive fair value adjustment of the financial assets carried at fair value which changes are reflected in profit or loss |
|
|
1270 01 |
Imputed incomes in the form of remuneration on the acquired securities |
|
|
1270 04 |
The remuneration added by the previous holders on securities |
|
Кт |
6250 02 |
Income from revaluation of foreign currency; |
at the same time, on the amount of negative exchange difference:
|
Дт |
7430 02 |
Expenses from revaluation of foreign currency |
|
Кт |
1120 02 |
Discount on the acquired financial assets carried at fair value which changes are reflected in profit or loss |
|
|
1120 05 |
Negative fair value adjustment of the financial assets carried at fair value which changes are reflected in profit or loss; |
in case of reduction of the exchange rate of currencies by the amount of negative exchange difference:
|
Дт |
7430 02 |
Expenses from revaluation of foreign currency |
|
Кт |
1120 01 |
The financial assets carried at fair value which changes are reflected in profit or loss |
|
|
1120 03 |
Award on the acquired financial assets carried at fair value which changes are reflected in profit or loss |
|
|
1120 04 |
Positive fair value adjustment of the financial assets carried at fair value which changes are reflected in profit or loss |
|
|
1270 01 |
Imputed incomes in the form of remuneration on the acquired securities |
|
|
1270 04 |
The remuneration added by the previous holders on securities; |
at the same time, on the amount of positive exchange difference:
|
Дт |
1120 02 |
Discount on the acquired financial assets carried at fair value which changes are reflected in profit or loss |
|
|
1120 05 |
Negative fair value adjustment of the financial assets carried at fair value which changes are reflected in profit or loss |
|
Кт |
6250 02 |
Income from revaluation of foreign currency; |
2) according to the debt securities carried at fair value through other comprehensive income:
in case of increase in the exchange rate of currencies at the amount of positive exchange difference:
|
Дт |
1140 01 |
The current financial assets carried at fair value through other comprehensive income |
|
|
1140 03 |
Award on the acquired financial assets carried at fair value through other comprehensive income |
|
|
1270 01 |
Imputed incomes in the form of remuneration on the acquired securities |
|
|
1270 04 |
The remuneration added by the previous holders on securities |
|
|
2030 01 |
The non-current financial assets carried at fair value through other comprehensive income |
|
|
2030 03 |
Award on the acquired non-current financial assets carried at fair value through other comprehensive income |
|
|
2170 01 |
Imputed incomes in the form of remuneration on the acquired securities |
|
|
2170 03 |
The remuneration added by the previous holders on securities |
|
Кт |
6250 02 |
Income from revaluation of foreign currency; |
at the same time, on the amount of negative exchange difference:
|
Дт |
7430 02 |
Expenses from revaluation of foreign currency |
|
Кт |
1140 02 |
Discount on the acquired financial assets carried at fair value through other comprehensive income |
|
|
2030 02 |
Discount on the acquired non-current financial assets carried at fair value through other comprehensive income; |
on the amount of positive fair value adjustment of debt securities:
|
Дт |
1140 04 |
Positive fair value adjustment of the financial assets carried at fair value through other comprehensive income |
|
|
1140 05 |
Negative fair value adjustment of the financial assets carried at fair value through other comprehensive income |
|
|
2030 04 |
Positive fair value adjustment of the non-current financial assets carried at fair value through other comprehensive income |
|
|
2030 05 |
Negative fair value adjustment of the non-current financial assets carried at fair value through other comprehensive income |
|
Кт |
5440 |
Reserve on revaluation of the financial assets carried at fair value through other comprehensive income; |
in case of reduction of the exchange rate of currencies by the amount of negative exchange difference:
|
Дт |
7430 02 |
Expenses from revaluation of foreign currency |
|
Кт |
1140 01 |
The current financial assets carried at fair value through other comprehensive income |
|
|
1140 03 |
Award on the acquired financial assets carried at fair value through other comprehensive income |
|
|
1270 01 |
Imputed incomes in the form of remuneration on the acquired securities |
|
|
1270 04 |
The remuneration added by the previous holders on securities |
|
|
2030 01 |
The non-current financial assets carried at fair value through other comprehensive income |
|
|
2030 03 |
Award on the acquired non-current financial assets carried at fair value through other comprehensive income |
|
|
2170 01 |
Imputed incomes in the form of remuneration on the acquired securities |
|
|
2170 03 |
The remuneration added by the previous holders on securities; |
at the same time, on the amount of positive exchange difference:
|
Дт |
1140 02 |
Discount on the acquired financial assets carried at fair value through other comprehensive income |
|
|
2030 02 |
Discount on the acquired non-current financial assets carried at fair value through other comprehensive income |
|
Кт |
6250 02 |
Income from revaluation of foreign currency; |
on the amount of negative fair value adjustment of debt securities:
|
Дт |
5440 |
Reserve on revaluation of the financial assets carried at fair value through other comprehensive income |
|
Кт |
1140 04 |
Positive fair value adjustment of the financial assets carried at fair value through other comprehensive income |
|
|
1140 05 |
Negative fair value adjustment of the financial assets carried at fair value through other comprehensive income |
|
|
2030 04 |
Positive fair value adjustment of the non-current financial assets carried at fair value through other comprehensive income |
|
|
2030 05 |
Negative fair value adjustment of the non-current financial assets carried at fair value through other comprehensive income. |
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