National Accounts >> Towards 1993 SNA Rev.1 >> 1993 SNA Update Information >> 1993 SNA Update Issues/Clarifications >> Issue 4.b >> AEG Recommendations
 

AEG recommendations for issue:
Valuation of loans and deposits; Write-off and interest accrual on impaired loans

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Issue description
Issue description in [English] | [French] | [Russian] | [Spanish]
The valuation of loan positions and deposits are subject to alternative perspectives. Nominal or face value valuation might be misleading because of the risk of default and/or changes in interest rates. This difference becomes apparent when the loans are traded. However, these valuation issues are equally applicable to non-traded loans. Business accounting standards are considering using the concept of “fair value” for the valuation of loans as if they were traded. Should the SNA introduce a valuation other than nominal for deposits and loans?

Corresponding
meeting		Date
posted		Recommendation
July 20052005-09-12An extension of the treatment of non-performance on other instruments was considered to be conceptually correct and can be shown as supplementary items.
[See also recommendations for Non-performing loans]

Statistics
Total number of AEG recommendations for selected subissue:1