Question 2: What kind of accounting subjects does general preparation belong to? Owners' equity is mainly the general risk reserve drawn by financial enterprises from net profit according to regulations.
Question 3: What does the statutory deposit reserve mean in financial enterprise accounting? Statutory deposit reserve means that financial institutions must deposit in the central bank according to law. This part of the funds is called statutory deposit reserve.
The purpose of the implementation of the statutory deposit reserve by the People's Bank of China is to ensure that commercial banks can have sufficient liquidity when they suddenly withdraw a large amount of bank deposits.
Question 4: What does it mean to reduce the deposit reserve ratio of financial institutions? Deposit reserve refers to the deposit prepared by financial institutions in the central bank to ensure the needs of customers to withdraw deposits and settle funds. The ratio of the deposit reserve required by the central bank to its total deposit is the deposit reserve ratio.
Simply put, financial institutions with deposit business should pay part of their deposits to the central bank to ensure the interests of depositors, so that when financial institutions have problems, you can't get a penny of the money you put there. The significance of the reduction is that financial institutions have more money to do business. For example, you have a deposit of 100 yuan. In the past, 100 yuan required the central bank to deposit in 20 yuan, but now it has been lowered. Your 100 yuan only needs to be handed over to the bank. Did your hand change from 80 yuan to 90 yuan, so you can buy 65438 more?
Question 5: What is the meaning of reserve in futures, what is the meaning of the balance of reserve for settlement on the same day, why, and how to calculate 10 point?
That is, equivalent to available funds.
Futures are settled every afternoon.
If there is any position, it shall be settled at the settlement price of the day.
This is what the reserve fund is for.
Provision is used to remove total funds and open positions.
Question 6: Financial Basis Among the following options, the one that belongs to the bank's excess reserve is (). . If you wait for multiple options online, choose B.C. generalized excess reserve, which can include cash.
Question 7: What document is the bank's bad debt provision standard based on? At present, the current financial and taxation regulations on bad debt preparation and write-off are as follows:
1. Relevant regulations of the central bank.
In 2002, the People's Bank of China stipulated in the Guidelines on Provision for Loan Losses of Banks that banks should reasonably estimate the possible losses of loans in accordance with prudent accounting principles, and timely make provision for loan losses, including general preparation, special preparation and special preparation. General reserve is a reserve drawn according to a certain proportion of the total loan balance, which is used to make up for unidentified possible losses; Special preparation refers to the preparation for making up special losses according to the loss degree of each loan after the loans are classified according to the Guiding Principles of Loan Risk Classification. Special provision refers to the provision for a country, region, industry or a certain type of loan risk.
2. Relevant regulations of the Ministry of Finance.
20011127 The Accounting System for Financial Enterprises promulgated by the Ministry of Finance stipulates that commercial banks should make full and timely provision for special reserves in current profits and losses according to the results of five-level classification of loans, and make special provision for loans granted to specific countries in current profits and losses, and commercial banks can also draw a certain proportion of general reserves from after-tax profits.
On June 2, 2005, KLOC-0, the Ministry of Finance issued the Administrative Measures for the Withdrawal of Bad Debt Reserves of Financial Enterprises, which clearly divided loan loss reserves into general reserves, special reserves and special reserves. It is stipulated that general reserve should be treated as profit distribution, which is an integral part of owners' equity. The accrual basis of general reserve should be adjusted from 65,438+0% of the original loan ending balance to 65,438+0% of the risk assets ending balance.
3. Relevant regulations of tax authorities.
The Administrative Measures for Pre-tax Deduction of Bad Debt Losses of Financial Enterprises implemented by the State Taxation Bureau on June 5438+1 October1stipulates that the bad debt reserve allowed to be deducted before tax = the balance of assets allowed to be withdrawn at the end of this year × 1%- the bad debt reserve deducted before tax at the end of last year. This is a tax treatment method for general preparation of income tax relief. In the specific implementation process, Guo Shui Fa [2003] No.73 document stipulates that State Taxation Administration of The People's Republic of China is responsible for examining and approving the matters decided by the State Council, and the inter-provincial bad debt losses cleared in the process of financial system reform and financial enterprise restructuring and reorganization, with a single bad debt loss of more than 50 million yuan. In addition to the above, the bad debt losses of financial enterprises shall be examined and approved by the tax authorities below the provincial level. The Measures for the Administration of Pre-tax Deduction of Bad Debt of Financial Enterprises also stipulates that the bad debt losses incurred by financial enterprises should be deducted from the bad debt reserves that have been deducted before tax (according to the ratio of 1%) after being reported to the tax authorities for examination and confirmation according to regulations, and the insufficient deduction can be deducted before tax.
From the establishment and development of China's loan loss reserve system, we can see that the loan loss reserve system is constantly improving, the scope of provision is gradually expanding, the proportion of provision is gradually increasing, and the requirements for the stability of commercial banks are increasingly strict, which shows that the central bank and financial departments are paying more and more attention to the importance of loan loss reserve for banks to resist risks. However, according to the Administrative Measures for Pre-tax Deduction of Bad Debt Losses of Financial Enterprises issued by State Taxation Administration of The People's Republic of China, the special reserves drawn by banks can not get tax relief, which seriously restricts financial enterprises from drawing special reserves in full and on time.
Question 8: What do you mean by lowering the deposit reserve ratio? The deposit reserve ratio directly determines the effect of banks in making money supply. The deposit reserve ratio means that every time a bank absorbs a deposit, it needs to hand over a certain proportion of the deposit to the central bank. If the reserve ratio drops, the amount paid by banks will decrease. The liquidity of banks will be enhanced.
The reduction of the deposit reserve ratio will further release liquidity and stimulate the real economy, which means that the central bank's tightening policy may come to an end and monetary policy will be relaxed.
Question 9: What do college finance majors need to prepare? I am now working as HR in the financial industry. As a person who has experienced it and engaged in human resources, maybe I can give you some advice. In universities, finance is a major with a wide range of connotations. When you really face employment, you will have many choices, such as funds, insurance, securities, banks, investment banks, trusts, leasing, asset management companies and so on. Every industry has different requirements and qualities for personnel. It seems that the university has four years. In fact, the fourth year is basically to find a job and prepare for graduation. Actually, time is limited. I suggest you do the following: Dave should seriously think about which segment of finance he is interested in, and then understand the future employment situation, job search direction, ability requirements and so on in this direction; Second, during the winter and summer vacations, you might as well do more internships, understand the society in the process of internship, and at the same time clarify your interest direction. Third, take advantage of the precious time of the university to participate in some community activities and exercise your ability to communicate with others. Facts have proved that this is very important after work.
Question 10: What is the effect of the central bank's reduction of RMB deposit reserve ratio of deposit-taking financial institutions by 0.5 percentage point? 1. Increase the money supply in the money market, reverse the tight demand for funds in the market, fill part of the space after "hot money" flows out of the mainland, and ensure economic growth.
2. Send a signal to the market that monetary policy will change to conservatism, and fine-tune monetary policy to the maximum extent after it is started.
3. The side shows that China's economy didn't rebound as scheduled, and it was deeply affected by the world economic downturn.