Development of model for monitoring quality of accounting information in credit institutions

Abstract

The purpose of the study is to determine the accounting methodology of credit transactions and find ways to improve it. The article describes the accounting process of credit transactions in the bank, the stages of monitoring the quality of accounting information and the map of problems of accounting lending, compiled as a result of the procedures for monitoring the quality of accounting information. The scientific novelty lies in the justification of the need to introduce monitoring of the quality of accounting information in credit organizations. As a result, an algorithm for monitoring the quality of accounting information was formulated, recommendations were made on the transformation of the functionality of the Accounting and Reporting Department and the Bank's Internal Control Service. Thus, each of the entities will perform a certain set of functions that ensure the prompt and effective monitoring of the quality of accounting information.