Monitoring of the Federal Legislation dated 27.11.2007

Information of the Central Bank of Russia of November 26, 2007 "Questions and Explanations on Some Issues Pertaining to the Entry into Force from January 1, 2008 of the Regulation of the Bank of Russia No. 302-P of March 26, 2007 on the Rules of Accounting Work in Credit Organisations Located on the Territory of the Russian Federation and the Letter of the Bank of Russia No. 142-T of September 7, 2007 on Some Issues Pertaining to the Entry into Force of the Regulation of the Bank of Russia No. 302-P of March 26, 2007 on the Rules of Accounting Work in Credit Organisations Located on the Territory of the Russian Federation and the Drawing up of the Annual Accounting Report for the Year 2007"

Describes entries to be made as events after the reporting date. The moment of recording of the operation of transfer of residues (which year turnovers) depends on the fact of committing: if the mentioned operation is registered on the last working day of 2007, it is entered as turnovers of 2007; if on the first working day of 2008, as turnovers of 2008 respectively.