INSTRUCTION OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of April 15, 2015 No. 3623-U

About modification of the Provision of the Bank of Russia of July 16, 2012 No. 385-P "About rules of conducting financial accounting in the credit institutions located in the territory of the Russian Federation"

1. According to the solution of the Board of directors of the Bank of Russia (the minutes of the Board of directors of the Bank of Russia of April 10, 2015 No. 13) to bring in appendix to the Provision of the Bank of Russia of July 16, 2012 No. 385-P "About rules of conducting financial accounting in the credit institutions located in the territory of the Russian Federation" to No. registered by the Ministry of Justice of the Russian Federation on September 3, 2012 25350, on October 15, 2012 No. 25670, on October 15, 2013 No. 30198, on December 9, 2013 No. 30568, on December 23, 2013 No. 30721, on December 27, 2013 No. 30883, on August 7, 2014 No. 33470, on September 2, 2014 No. 33940, on January 28, 2015 No. 35764, on February 9, 2015 No. 35936 ("the Bulletin of the Bank of Russia" of September 25, 2012 No. 56 - 57, of October 24, 2012 No. 62, of October 23, 2013 No. 57, of December 19, 2013 No. 74, of January 14, 2014 No. 1, of January 15, 2014 No. 2, of August 20, 2014 No. 74, of September 12, 2014 No. 82, of February 4, 2015 No. 9, of February 17, 2015 No. 13), the following changes.

1.1. In the Chart of accounts of financial accounting in credit institutions:

after line of the account No. 10611 to add with lines of the following content:

 

	"10612	Reduction of obligations (increase in requirements) for payment of long-term employee benefits upon termination of labor activity in case of revaluation	П
	10613	Increase in obligations (reduction of requirements) for payment of long-term employee benefits upon termination of labor activity in case of revaluation	And";

 

state the account name No. 60305 in the following edition: "Obligations on payment of short-term employee benefits";

state the account name No. 60306 in the following edition: "Requirements for payment of short-term employee benefits";

after line of the account No. 60324 to add with lines of the following content:

 

	"60335	Calculations for social insurance and providing	П
	60336	Calculations for social insurance and providing	And";

 

after line of the account No. 60347:

to exclude line of the account No. 60348,

add with lines of the following content:

 

	"60349	Obligations on payment of long-term employee benefits	П
	60350	Requirements for payment of long-term employee benefits	And".

 

1.2. In part I:

to add the paragraph of the seventh of Item 1.3 with words ", and also evaluation methods of obligations (requirements) for payment of the long-term employee benefits upon termination of labor activity which are not limited to the fixed payments, other long-term employee benefits, dismissal wages with completion date over 12 months after the end of the annual accounting period in which workers executed the labor functions providing the right to remunerations in the future (further - completion date over 12 months after the end of the annual accounting period)";

after Item 1.22 to add with Item 1.22.1 of the following content:

"1.22.1. Accounts for accounting of obligations (requirements) for payment of short-term employee benefits, obligations on payment of the employee benefits upon termination of labor activity limited to the fixed payments, obligations (requirements) for payment of the long-term employee benefits upon termination of labor activity which are not limited to the fixed payments, obligations (requirements) for payment of other long-term employee benefits and obligations on dismissal wage payment and also for reduction (increase) of obligations (increase (reduction) in requirements) for payment of long-term employee benefits upon termination of labor activity in case of revaluation are provided in the Chart of accounts of financial accounting in credit institutions.".

1.3. In part II:

state Item 1.3 in the following edition:

"1.3. Purpose of the account - accounting of the added capital. Accounts No. 10601, No. 10602, No. 10603, No. 10609, No. 10611, No. 10612 and No. 10621 passive, accounts No. 10605, No. 10610, No. 10613 active.

On accounts No. 10601 and No. 10611 the surplus (reduction) of cost of fixed asset objects, intangible assets in case of revaluation is considered, and also reduction (increase) of cost of fixed asset objects, intangible assets in case of recognition of impairment losses (recovery of earlier recognized losses from their impairment). Accounts No. 10601 and No. 10611 correspond to accounts on fixed asset accounting, intangible assets, fixed asset depreciation, intangible assets, and also to the account on reduction of the added capital by deferred income tax.

On the account No. 10602 income in type of excess of the price of share placing (realization of shares) over their nominal value gained during the forming and increase in the authorized capital of credit institution is considered.

On the debit of accounts No. 10601, No. 10602 and No. 10611 the amounts are written off only in case:

repayments at the expense of the means considered on accounts No. 10601 and No. 10611, of the amounts of reduction of cost of fixed asset objects and intangible assets in case of their revaluation;

transfer of increase in value of fixed asset objects, intangible assets in case of revaluation less account balance on accounting of reduction of the added capital by deferred income tax depending on the method of the subsequent reflection of increase in value of fixed assets and intangible assets approved by credit institution in accounting policy in case of revaluation into the account on accounting of retained earnings;

the directions of the amounts considered on the account No. 10602, on increase in the authorized capital;

the directions of the amounts considered on the account No. 10602, on repayment of losses.

The procedure for conducting analytics on accounts No. 10601, No. 10602 and No. 10611 is determined by credit institution. At the same time analytics on accounts No. 10601 and No. 10611 shall provide information by fixed asset objects and intangible assets.

On the account No. 10603 positive revaluation of securities, available for sale is considered.

On the credit of the account the amount of excess of fair value of securities over their book value of correspondence with accounts on accounting of positive differences of revaluation of securities, available for sale is credited.

On the debit of the account the amounts are written off:

reduction of positive revaluation of securities, available for sale, in correspondence with accounts on accounting of positive differences of revaluation of securities, available for sale;

positive revaluation of securities, available for sale, in case of their disposal (realization) in correspondence with the account on accounting of the income.

On the account No. 10605 negative revaluation of securities, available for sale is considered.

On the debit of the account the amounts of excess of book value of securities over their fair value of correspondence with accounts on accounting of negative differences of revaluation of securities, available for sale are reflected.

On the credit of the account the amounts are reflected:

reduction of negative revaluation in correspondence with accounts on accounting of negative differences of revaluation of securities, available for sale;

negative revaluation of securities, available for sale, in case of their disposal (realization) in correspondence with the account on the expense accounting, and also negative revaluation of debt securities, available for the sale which is subject to write-off into the account on the expense accounting in the presence of signs of their impairment.

The procedure for analytics is determined by accounts No. 10603 and No. 10605 by credit institution. At the same time analytics shall provide information on the state registration numbers or identification numbers of releases of issued securities, the international identification codes of securities (ISIN), and on the securities which are not relating to issued or not having the ISIN code - on issuers.

On the account No. 10609 the amount of deferred income tax in the added capital which will reduce the income tax which is subject to payment in budget system of the Russian Federation in future accounting periods is considered. The account corresponds to accounts on accounting of deferred tax asset on deductible temporary differences or deferred tax liability.

On the account No. 10610 the amount of deferred income tax in the added capital which will increase the income tax which is subject to payment in budget system of the Russian Federation in future accounting periods is considered. The account corresponds to accounts on accounting of deferred tax liability or deferred tax asset on deductible temporary differences and to accounts on accounting of increase in value of fixed assets and intangible assets in case of revaluation.

On the account No. 10612 reduction of obligations (increase in requirements) of credit institution for payment of long-term employee benefits upon termination of labor activity in case of revaluation is considered. On the account No. 10613 increase in obligations (reduction of requirements) of credit institution for payment of long-term employee benefits upon termination of labor activity in case of revaluation is considered.

On the credit of the account No. 10612 the amounts of reduction of obligations (increase in requirements) of credit institution for payment of the long-term employee benefits upon termination of labor activity which are not limited to the fixed payments owing to the adjustments determined on the basis of experience and projections concerning demographic and financial factors, profitability (profitability) of the assets created at the expense of the amounts of the payments which are earlier directed by credit institution of non-state pension fund, insurance company, of correspondence with accounts on accounting of obligations (requirements) for payment of long-term employee benefits are reflected.

On the debit of the account No. 10612 the amounts which are earlier saved up as a result of reduction of obligations (increase in requirements) of credit institution for payment of long-term employee benefits upon termination of labor activity in case of revaluation of correspondence with accounts on accounting of obligations (requirements) for payment of long-term employee benefits are written off.

On the debit of the account No. 10613 the amounts of increase in obligations (reduction of requirements) of credit institution for payment of the long-term employee benefits upon termination of labor activity which are not limited to the fixed payments owing to the adjustments determined on the basis of experience and projections concerning demographic and financial factors, profitability (profitability) of the assets created at the expense of the amounts of the payments which are earlier directed by credit institution of non-state pension fund, insurance company, of correspondence with accounts on accounting of obligations (requirements) for payment of long-term employee benefits are reflected.

On the credit of the account No. 10613 the amounts which are earlier saved up as a result of increase in obligations (reduction of requirements) of credit institution for payment of long-term employee benefits upon termination of labor activity in case of revaluation of correspondence with accounts on accounting of obligations (requirements) for payment of long-term employee benefits are written off.

In case of adoption by credit institution of the decision on liquidation of obligations (requirements) for payment of the long-term employee benefits upon termination of labor activity which are not limited to the fixed payments, and about the termination of the relevant contracts with non-state pension fund, insurance company the remaining balance which is registered on accounts No. 10612 and No. 10613, less belonging to obligations (requirements) for payment of the employee benefits upon termination of labor activity which are not limited to the fixed payments, account balance on accounting of reduction (increase) of the added capital at deferred income tax is written off into the account on accounting of retained earnings (uncovered loss).

The procedure for conducting analytics is determined by credit institution. At the same time analytics shall provide information on payment types and by the signed contracts with non-state pension fund, insurance company.

On the account No. 10621 deposits to property of limited liability company are considered. The account corresponds to accounts on the cash accounting and other accounts depending on contribution type.

On the credit of the account the amounts of receipts of the made contributions to property to correspondence with accounts of cash desk (are reflected in case of introduction of deposits by physical persons), with correspondent accounts and other accounts depending on contribution type.

On the debit of the account the amounts of reduction of deposits to property including directed to repayment of losses are reflected.

The procedure for conducting analytics is determined by the account No. 10621 by credit institution.";

in paragraph four of Item 3.3 of the word "on the salary and payments of social nature" shall be replaced with words "on payment of employee benefits";

in the paragraph the twenty fourth Item 4.56 of the word "accounts on accounting of settlings with workers on compensation and other payments" shall be replaced with words "the account on accounting of obligations on payment of short-term employee benefits";

in paragraph five of Item 4.57 of the word "accounts on accounting of settlings with workers on compensation and other payments" shall be replaced with words "the account on accounting of obligations on payment of short-term employee benefits";

in paragraph four of Item 4.58 of the word "accounts on accounting of settlings with workers on compensation and other payments" shall be replaced with words "the account on accounting of obligations on payment of short-term employee benefits";

in paragraph three of Item 4.73 of the word "settlement accounts with workers on compensation and other payments" shall be replaced with words "the account on accounting of obligations on payment of short-term employee benefits";

in the paragraph the second Item 6.5 of the word of "settlings with workers on compensation and other payments" shall be replaced with words "obligations on payment of short-term employee benefits";

after Item 6.5 of the word of "Account No. 60305 and No. 60306" settlings with workers on compensation and other payments "shall be replaced with words" Accounts No. 60305 "Obligations on payment of short-term employee benefits", No. 60306 "Requirements for payment of short-term employee benefits";

state Item 6.6 in the following edition:

"6.6. Purpose of accounts - accounting of obligations (requirements) for payment of short-term employee benefits. The account No. 60305 is passive, the account No. 60306 active.

6.6.1. On the credit of the account No. 60305 the amounts are reflected:

employee benefits, added in accordance with the legislation of the Russian Federation, including regulations of the Bank of Russia, and also local regulations and other internal documents of credit institution, employment and (or) collective agreements, and also on the other bases, in correspondence with accounts on the expense accounting;

increases in earlier recognized obligations on payment of employee benefits in case of their adjustment in correspondence with accounts on the expense accounting;

paid for the account of insurance premiums for compulsory social insurance, in correspondence with the account on accounting of calculations for social insurance and providing;

overpayments (excessive charges) revealed during the charging or recalculation in correspondence with the account on accounting of requirements for payment of short-term employee benefits.

On the debit of the account No. 60305:

the amounts of the retained taxes, other deduction of correspondence with the corresponding accounts are written off, and also the amounts of effected payments of correspondence with accounts on accounting of cash desk, accounts of physical persons, accounts on accounting of deposits (deposits) of physical persons, accounts of legal entities, accounts on accounting of settlings with suppliers, contractors and buyers, with correspondent account are reflected in case of money transfer in other credit institutions;

reduction of earlier recognized obligations on payment of employee benefits in case of their adjustment in correspondence with accounts on accounting of the income is reflected;

the amounts of overpayments when charging employee benefits in correspondence with the account on accounting of requirements for payment of short-term employee benefits are reflected;

the amounts of the obligations which are earlier recognized by credit institution are written off if for any reasons their repayment within 12 months after the end of the annual accounting period, in correspondence with the account on accounting of obligations on payment of long-term employee benefits is not expected.

6.6.2. On the debit of the account No. 60306 the amounts are reflected:

the advance payments paid on account of separate employment or other contracts in correspondence with accounts on accounting of cash desk, accounts of physical persons, accounts on accounting of deposits (deposits) of physical persons, accounts of legal entities, with correspondent account in case of money transfer in other credit institutions;

the overpayments revealed during the charging or recalculation in correspondence with the account on accounting of obligations on payment of short-term employee benefits.

On the account No. 60306 credit:

the amounts of overpayments when charging employee benefits in correspondence with the account on accounting of obligations on payment of short-term employee benefits are written off;

the amounts compensated by workers, the third parties (on the amounts of advantage of workers) or persons who are not employees of credit institution who performed work on separate labor, and also other agreements, in correspondence with accounts on accounting of cash desk, correspondent account, accounts of physical persons, accounts on accounting of deposits (deposits) of physical persons, accounts of legal entities are reflected;

the amounts of the requirements which are earlier recognized by credit institution are written off if for any reasons their repayment within 12 months after the end of the annual accounting period, in correspondence with the account on accounting of requirements for payment of long-term employee benefits is not expected.

6.6.3. The procedure for analytics is determined by accounts on accounting of obligations (requirements) for payment of short-term employee benefits by credit institution independently. At the same time analytics shall provide information on each worker or person who is not the employee of credit institution who performed work on separate employment or other contract.";

the paragraph one of Item 6.12 to state in the following edition:

"6.12. Purpose of accounts - accounting of settlings with other debtors and creditors on economic activities of credit institution which cannot be considered on the above-stated accounts. On accounts on accounting of settlings with other debtors and creditors also settlings with the non-state pension funds, insurance companies performing the payments of employee benefits upon termination of labor activity limited to the fixed payments are considered. On the account No. 60323 also the amounts of shortages of money revealed in cash desks of credit institutions are considered if perpetrators are not identified. The account No. 60322 is passive, the account No. 60323 active.";

after Item 6.12 to add with words and Item 6.12.1 of the following content:

"Accounts No. 60335, No. 60336" calculations for social insurance and providing"

"6.12.1. Purpose of accounts - accounting of calculations for insurance premiums with the Pension Fund of the Russian Federation, with Social Insurance Fund of the Russian Federation - on compulsory social insurance, with Federal Compulsory Health Insurance Fund - on compulsory medical insurance. The account No. 60335 is passive, the account No. 60336 active.

On the credit of the account No. 60335 the amounts are reflected:

the added payments, including penalty fee, on the mandatory pension insurance and compulsory social insurance which are subject to transfer in the relevant funds, in correspondence with the account on the expense accounting or the account on accounting of obligations on payment of long-term employee benefits;

increases in earlier recognized obligations on payment of insurance premiums in need of their adjustment in correspondence with the account on the expense accounting;

the withheld additional insurance premiums paid by payers of insurance premiums, subject to transfer in the relevant fund in correspondence with the account on accounting of obligations on payment of short-term employee benefits.

On the debit of the account No. 60335 are reflected:

the payment amounts transferred in the relevant funds, in correspondence with correspondent account;

reduction of the amount of earlier recognized obligations on payment of insurance premiums in need of their adjustment in correspondence with the account on accounting of the income;

the amounts of excessively paid insurance premiums offset on account of discharge of duty on payment of the corresponding insurance premiums of correspondence with the account No. 60336.

On the debit of the account No. 60336 the amounts paid for the account of insurance premiums for compulsory social insurance of correspondence with the account on accounting of obligations on payment of short-term employee benefits are reflected.

On the credit of the account No. 60336 the amounts are reflected:

excesses of expenses on payment of obligatory insurance coverage in the cases established by the legislation of the Russian Federation over the amount of the assessed insurance premiums on it on account of the forthcoming payments on insurance premiums in correspondence with the account No. 60335;

excessively paid insurance premiums, returned by the relevant fund, in correspondence with correspondent account or offset on account of discharge of duty on payment of the corresponding insurance premiums in correspondence with the account No. 60335.

The procedure for conducting analytics is determined by credit institution in accordance with the legislation of the Russian Federation about insurance premiums in the Pension Fund of the Russian Federation, Social Insurance Fund of the Russian Federation, Federal Compulsory Health Insurance Fund.";

after Item 6.14 of the word of "Accounts No. 60348" reserves of the forthcoming expenses "shall be replaced with words" Accounts No. 60349 "Obligations on payment of long-term employee benefits", No. 60350 "Requirements for payment of long-term employee benefits";

state Item 6.15 in the following edition:

"6.15. Purpose of accounts - accounting of obligations (requirements) for payment of the long-term employee benefits upon termination of labor activity which are not limited to the fixed payments, obligations (requirements) for payment of the long-term employee benefits upon termination of labor activity limited to the fixed payments, other long-term employee benefits and dismissal wages with completion date over 12 months after the end of the annual accounting period. The account No. 60349 is passive, the account No. 60350 active.

On the credit of the account No. 60349 the amounts are reflected:

obligations upon accomplishment in the accounting period workers of the labor functions providing the right of receipt of remunerations in the future in correspondence with the account on the expense accounting;

adjustments of the obligations reflected in accounts on accounting of the added capital in correspondence with accounts on accounting of increase in obligations (reduction of requirements) on payment of long-term employee benefits upon termination of labor activity in case of revaluation;

adjustments of obligations for the last accounting periods as a result of the changes assumed by credit institution under the terms of payment of the long-term employee benefits upon termination of labor activity which are not limited to the fixed payments, other long-term employee benefits and dismissal wages with completion date over 12 months after the end of the annual accounting period in correspondence with the account on the expense accounting;

interest expense according to the obligation (requirement) in correspondence with the account on the expense accounting;

increases in the obligation arising in case of its execution (if the amount of execution is higher than the amount of earlier recognized obligation), in correspondence with the account on the expense accounting;

the obligations which are earlier recognized by credit institution on payment of employee benefits with completion date during the annual accounting period and within 12 months after the end of the annual accounting period if for any reasons their repayment after 12 months after the end of the annual accounting period, in correspondence with the account on accounting of obligations on payment of short-term employee benefits is expected.

On the debit of the account No. 60349 the amounts are reflected:

the payments listed by credit institution in the non-state pension fund, insurance company performing payments to employees of credit institution upon termination of labor activity in correspondence with correspondent account, the bank account of the receiver of means if it is serviced in this credit institution;

other long-term employee benefits and dismissal wages with completion date over 12 months after the end of the annual accounting period in correspondence with accounts on accounting of cash desk, accounts of physical persons, accounts on accounting of deposits (deposits) of physical persons, accounts of legal entities, with correspondent account in case of money transfer in other credit institutions;

adjustments of the obligations reflected in accounts on accounting of the added capital in correspondence with the account on accounting of reduction of obligations (increase in requirements) on payment of long-term employee benefits upon termination of labor activity in case of revaluation;

adjustments of obligations for the last accounting periods as a result of the changes assumed by credit institution under the terms of payment of long-term employee benefits upon termination of labor activity, other long-term employee benefits and dismissal wages with completion date over 12 months after the end of the annual accounting period in correspondence with the account on accounting of the income;

interest income according to the obligation (requirement) in correspondence with the account on accounting of the income;

reduction of the obligation arising in case of its execution (if the amount of execution is lower than the amount of earlier recognized obligation), in correspondence with the account on accounting of the income;

the requirements for payment of employee benefits which are earlier recognized by credit institution with completion date during the annual accounting period and within 12 months after the end of the annual accounting period if for any reasons their repayment after 12 months after the end of the annual accounting period, in correspondence with the account on accounting of requirements for payment of short-term employee benefits is expected.

The account No. 60350 is used in case of reflection of the requirement if fair value of the assets created at the expense of the amounts which are earlier sent by credit institution of payments to non-state pension fund, insurance company and intended for payment of the long-term employee benefits upon termination of labor activity which are not limited to the fixed payments exceeds the amount of the obligations recognized by credit institution.

The procedure for conducting analytics is determined by credit institution. At the same time analytics shall provide information on payment types and by the signed contracts with non-state pension fund, insurance company.".

1.4. In the List of pair accounts on which the balance on opposite, appendices 1 to appendix can change:

after line of accounts No. 10609, No. 10610 to add with line of the following content:

"

10612	Reduction of obligations (increase in requirements) for payment of long-term employee benefits upon termination of labor activity in case of revaluation	П
10613	Increase in obligations (reduction of requirements) for payment of long-term employee benefits upon termination of labor activity in case of revaluation	And

";

 

after line of accounts No. 60322, No. 60323 to add with line of the following content:

 

"

60349	Obligations on payment of long-term employee benefits	П
60350	Requirements for payment of long-term employee benefits	And

".

1.5. To add appendix 5 to appendix after line of the account No. 60323 with lines of the following content:

"Obligation No. 60349 on payment of long-term employee benefits

No. 60350 of the Requirement for payment of long-term employee benefits".

1.6. In Chapter A of appendix 8 to appendix:

after line of the account No. 10611 to add with lines of the following content:

"

	10612	Reduction of obligations (increase in requirements) for payment of long-term employee benefits upon termination of labor activity in case of revaluation	П
	10613	Increase in obligations (reduction of requirements) for payment of long-term employee benefits upon termination of labor activity in case of revaluation	And

";

 

state line 8 in the following edition:

 

"

8

TOTAL THE CAPITAL MINUS ACCOUNTS NO. 105, NO. 10605, NO. 10610, NO. 109 (P. 7 (LIABILITY) - P. 2 - THE ACCOUNT NO. 10605, THE ACCOUNT NO. 10610 - P. 6)

x

x

x

";

 

3 lines of the account No. 60305 to state the column in the following edition: "Obligations on payment of short-term employee benefits";

3 lines of the account No. 60306 to state the column in the following edition: "Requirements for payment of short-term employee benefits";

after line of the account No. 60324 to add with lines of the following content:

 

"

	60335	Calculations for social insurance and providing	П
	60336	Calculations for social insurance and providing	And

";

 

to exclude line of the account No. 60348;

before line 306 to add with lines of the following content:

 

"

	60349	Obligations on payment of long-term employee benefits	П
	60350	Requirements for payment of long-term employee benefits	And

";

 

state line 307 in the following edition:

 

"

307

TOTAL ON THE ACCOUNT NO. 603 ASSET MINUS RESERVES ON POSSIBLE LOSSES (THE ACCOUNT NO. 60324)

x

x

x

x

x

".

2. This Instruction is subject to official publication in "the Bulletin of the Bank of Russia" and becomes effective since January 1, 2016.

 

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