Under conditions of high inflation,it is necessary to readjust the measurement and recording for interest.The 1993 SNA suggests apply the concept of real interest and a parallel treatment of interest.However,Andre Van...Under conditions of high inflation,it is necessary to readjust the measurement and recording for interest.The 1993 SNA suggests apply the concept of real interest and a parallel treatment of interest.However,Andre Vanoli and Peter Hill,two accounting specialists,propose different recommendations on this issue.This paper conducts a comparative analysis over these recommendations.展开更多
There are some problems about the treatment of Non-performing loans(NPLs) in the current 1993 SNA. Four kinds of measurements are provided on loan valuation and four options are consequently given a by special working...There are some problems about the treatment of Non-performing loans(NPLs) in the current 1993 SNA. Four kinds of measurements are provided on loan valuation and four options are consequently given a by special working group on NPLs of the IMF. Through discussion,it is determined that loans are remained to be measured at nominal value in the main accounts.Meanwhile,the fair value of loans is recorded on the asset side of balance sheets.In regards to the impact on FISIM,option 1 is preferable, i.e. continue to estimate FISIM on NPLs and allocate it to the corresponding borrowers.The unpaid FISIM is recorded in the accounts in such a way as to increment principal outstanding.展开更多
Focusing on the problem of repeated calculation of mineral resource exploration and mineral resource reserves, the paper discusses the issues of definition and classification of mineral resource exploration, and calcu...Focusing on the problem of repeated calculation of mineral resource exploration and mineral resource reserves, the paper discusses the issues of definition and classification of mineral resource exploration, and calculation of fixed capital consumption.展开更多
文摘Under conditions of high inflation,it is necessary to readjust the measurement and recording for interest.The 1993 SNA suggests apply the concept of real interest and a parallel treatment of interest.However,Andre Vanoli and Peter Hill,two accounting specialists,propose different recommendations on this issue.This paper conducts a comparative analysis over these recommendations.
文摘There are some problems about the treatment of Non-performing loans(NPLs) in the current 1993 SNA. Four kinds of measurements are provided on loan valuation and four options are consequently given a by special working group on NPLs of the IMF. Through discussion,it is determined that loans are remained to be measured at nominal value in the main accounts.Meanwhile,the fair value of loans is recorded on the asset side of balance sheets.In regards to the impact on FISIM,option 1 is preferable, i.e. continue to estimate FISIM on NPLs and allocate it to the corresponding borrowers.The unpaid FISIM is recorded in the accounts in such a way as to increment principal outstanding.
文摘Focusing on the problem of repeated calculation of mineral resource exploration and mineral resource reserves, the paper discusses the issues of definition and classification of mineral resource exploration, and calculation of fixed capital consumption.
