Acta Univ. Agric. Silvic. Mendelianae Brun. 2011, 59(7), 187-194 | DOI: 10.11118/actaun201159070187

Methodological aspects of journaling a dynamic adjusting entry model

Vlasta Kašparovská1, Jana Gláserová2
1 Ústav financí, Mendelova univerzita v Brně, Zemědělská 1, 613 00 Brno, Česká republika
2 Ústav účetnictví a daní, Mendelova univerzita v Brně, Zemědělská 1, 613 00 Brno, Česká republika

This paper expands the discussion of the importance and function of adjusting entries for loan receivables. Discussion of the cyclical development of adjusting entries, their negative impact on the business cycle and potential solutions has intensified during the financial crisis. These discussions are still ongoing and continue to be relevant to members of the professional public, banking regulators and representatives of international accounting institutions. The objective of this paper is to evaluate a method of journaling dynamic adjusting entries under current accounting law. It also expresses the authors' opinions on the potential for consistently implementing basic accounting principles in journaling adjusting entries for loan receivables under a dynamic model.

Keywords: accounting, expected loss, banking regulation, impairment, business cycle, specific impairments, dynamic impairments

Received: July 1, 2011; Published: January 26, 2014  Show citation

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Kašparovská, V., & Gláserová, J. (2011). Methodological aspects of journaling a dynamic adjusting entry model. Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 59(7), 187-194. doi: 10.11118/actaun201159070187
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