Financial institution accounting regulation
| Basic data | |
|---|---|
| Title: | Ordinance on the accounting of credit institutions and financial services institutions |
| Short title: | Financial institution accounting regulation |
| Previous title: | Regulation on the accounting of credit institutions |
| Abbreviation: | RechKredV |
| Type: | Federal Ordinance |
| Scope: | Federal Republic of Germany |
| Issued on the basis of: | Section 330 Paragraph 1, 2 HGB |
| Legal matter: | Commercial law , accounting law |
| References : | 4142-1 |
| Original version from: | February 10, 1992 ( Federal Law Gazette I p. 203 ) |
| Entry into force on: | February 15, 1992 |
| New announcement from: | December 11, 1998 ( BGBl. I p. 3658 ) |
| Last change by: |
Art. 8 G of July 17, 2015 ( Federal Law Gazette I p. 1245, 1264 ) |
| Effective date of the last change: |
July 23, 2015 (Art. 9 G of July 17, 2015) |
| GESTA : | C044 |
| Please note the note on the applicable legal version. | |
The financial institution accounting regulation , abbreviated RechKredV , is a German legal regulation that is binding for all credit and financial services institutions . In § 21 para. 4 RechKredV also the legal conditions for savings determined.
RechKredV is involved in the implementation of the “Bank Balance Sheet Directive ” of December 8, 1986 ( Directive 86/635 / EEC , OJ No. L 372 p. 1) and the “Branch Directive ” of February 13, 1989 ( Directive 89/117 / EEC , OJ No. L 44 p. 40) involved in German law . Your authorization is based on Section 330 Paragraphs 1 and 2 HGB .
In the accounting law of credit and financial services institutions, the RechKredV replaced the "Ordinance on Forms for the Structure of the Annual Financial Statements of Credit Institutions" (last announcement of September 14, 1987, Federal Law Gazette I p. 2169 ), the accounting guidelines of the Federal Banking Supervisory Office that were valid until then ( BAKred) as well as some regulatory regulations for savings banks and public credit institutions . The provisions of RechKredV were first on the financial statements of the fiscal year apply 1,993th
The RechKredV contains as plant three mandatory forms by all credit and financial services institutions, regardless of their legal status and their business orientation to be used. The particularities of the respective institute groups are then taken into account in numerous footnotes. There is one form for the annual balance sheet and two forms for the profit and loss account . For the income statement, you can choose between “account form” (form 2) and “staggered form” (form 3). In the case of the "staggered form", a distinction is made between the result of normal business activity (section 19) and the extraordinary result (section 22). Receivables and liabilities according to maturity are not to be broken down in the balance sheet itself, but in the notes to the annual financial statements of the credit and financial services institutions ( Section 2 RechKredV).
literature
- Ulrich Bantleon, Mirko Gottmann: Bank accounting. Accounting, supervision and auditing of credit institutions . Erich Schmidt Verlag, Berlin 2009, ISBN 978-3-503-11627-0 .
- Hartmut Bieg: The external accounting of credit institutions and financial services institutions . Verlag Vahlen, Munich 1999, ISBN 3-8006-2236-X .
- Jürgen Krumnow et al. (Hrsg.): Accounting of the credit institutions. Commentary on the Bank Accounting Directive Act and RechKredV . 2nd Edition. Schäffer-Poeschel, Stuttgart 2004, ISBN 3-7910-1866-3 .
- Siegfried Platz: Savings according to the accounting ordinance. The savings traffic regulations in practical application . 2nd Edition. Deutscher Sparkassenverlag, Stuttgart 1998, ISBN 3-09-305654-3 .
