From the technical project to auditors of the Savings Bank of RussiaBeing based on internal documents of the Savings Bank, to describe it orgstrukturu, and to it
From the technical project to auditors of the Savings Bank of Russia
Being based on internal documents of the Savings Bank, to describe it orgstrukturu, namely central office structure; the Supervisory board (to specify quantity of councillors, their surnames and the name of the organisations which they represent); board structure, including its structure; to give the list of the basic committees and other directing bodies of the Savings Bank; to present the list of territorial banks in system of the Savings Bank with instructions of number of branches, the branches entering into each of them; to describe typical structure of territorial bank.
to comment on distinctions of organizational structures of separate territorial banks of the Savings Bank; to describe the decision-making mechanism. To describe and estimate procedures applied in the Savings Bank and function of the financial and administrative account, including the information on a technique, degree of automation, account centralisation. To describe a technique of reference of the expenses, applied by the Savings Bank in the course of accounting.
to specify and open the basic functions of the administrative account both in central office, and on an example of typical territorial bank. To result indicators on which basis the Savings Bank management spends an estimation of activity of territorial bank. To result the indicators applied to central office if they differ from the indicators applied to an estimation of activity of territorial banks.
to specify Savings Bank main objectives (including not financial). To describe planning process (including strategic) and budget preparations in the Savings Bank. Thus it is necessary to stop on the general approach used in the Savings Bank by preparation of the budget: For example, to specify, how assumptions are defined by preparation of the base budget; whether becomes at drawing up of the budget an emphasis on its working out from top to down or from below upwards; as there is a process of the coordination of the budget; whether the budget for the separate periods of time or for concrete date when it occurs affirms. To describe process of control over actual execution of the budget.
to specify shareholders of the Savings Bank who as of December, 31st, 1998, and also for June, 30th, 1999 posessed from above 1 % of an authorised capital stock of the Savings Bank, and documentary to confirm owners of the companies - shareholders according to operating Russian legislation.
to make the table on the largest borrowers - to corporate clients of the Savings Bank on which share it was necessary from above 1 % from a total sum of a credit portfolio according to the international standards of the financial reporting (on balance) for December, 31st, 1997, on December, 31st, 1998 and on June, 30th, 1999; It is necessary to include in the table no more than 30 borrowers.
to give classification of a cumulative loan portfolio of the Savings Bank for December, 31st, 1997, on December, 31st, 1998 and on June, 30th, 1999 in the form of the table of calculation of a reserve on possible losses under loans according to requirements of the Central Bank of Russia, and also a technique used by the international auditors in the reporting under the international standards of the financial reporting.
to specify the sum of revaluation of securities according to market quotations and the sum of the created reserve under depreciation of investments in securities according to MSFO in the named accounting dates by each kind of securities. Thus it is necessary to note cases when market price of securities of date of drawing up of the financial reporting is absent.
to Result breakdown of other investments for December, 31st, 1997, on December, 31st, 1998 and on June, 30th, 1999 with instructions of the created reserve under depreciation of investments in conformity as with the international standards of the financial reporting, and the Russian standard requirements.
To be convinced that estimation of cost zabalansovyh and conditional obligations correctly reflects the economic conditions which have developed in the Russian Federation and, in particular, in bank sector for these dates. To reveal and estimate reserves for a covering of all possible risks connected with circumstances specified above, including risks on counterparts.
it is necessary to include in the report the list of 20 largest current (settlement) accounts, 20 largest urgent deposits and 20 of the largest privlecheny from other banks with breakdown on clients/ to banks for December, 31st, 1997, on December, 31st, 1998 and on June, 30th, 1999.
to Open the sum of deposits of the physical persons translated in the Savings Bank from problem banks (on each bank separately) during III and IV quarters 1998, and also to specify the list of the actives received thereupon and their cost.
to submit data by calculation of factor of sufficiency of the capital of the Savings Bank for December, 31st, 1997, on December, 31st, 1998 and on June, 30th, 1999, calculated on a basis: the balance sheet made according to MSFO (the factor of sufficiency of the capital, weighed taking into account risk, should be calculated according to the rules confirmed by the Basel agreement); the balance sheet made taking into account the Russian rules of the financial reporting (the factor of sufficiency of the capital should be calculated according to requirements of the Central Bank of Russia).
In case of disclosing of the confidential information to the third party the Savings Bank of Russia has the right to suspend carrying out of an estimation of a financial condition before finding-out of a source and the reasons whoever was a source of disclosing of the information.
completely it is possible to familiarise with the text of the technical project on audit of the Savings Bank of Russia on web - a site “ the Businessman “ to www address. kommersant. ru.