It is worth paying attention to the first stage, because it is fundamental. In addition,
we suggest considering the objectives of managerial accounting on the example of the
treasury department, which performs the key functions of the bank: liquidity
management, solvency, pricing, etc. (Table 4).
Table 4. Objectives of managerial accounting in Treasury Department
Objects
Managerial accounting objectives
Quantitative indicators
Activities
1.
Liquidity support
2.
Risk hedging
3.
Determination of financial result
4.
Balance structure management
1.
LCR
2.
NSFR
3.
Net operating revenues and expenses
4.
Volumes of transactions indicators
by types of activity
Responsibility
centers
1.
Management of budgeting of the
bank
2.
Risk management regarding the
capital
1.
Net operating income and expenses
based on transfer pricing
2.
Profitability indicators
Products
1.
Tariffs and rates management
2.
Efficient use of resources
3.
Introduction of new products
1.
Indicators of activity: dynamics of
assets and liabilities, foreign currencies
purchase and sale volumes,
commission income
Clients
1.
Expansion of the client base
2.
Evaluating the effectiveness and
profitability in terms of individual
clients, groups, segments
1.
Attracting new customers
2.
Revenues by individual customers,
groups, segments
Investment
activity
1.
Management of investment activity
of the bank
2.
Managing sources of funding
1.
Equity and debt capital ratio
2.
Return on invested capital
Source: developed by the authors on the basis of [18; 19]
We propose to consider recommendations for information that should be reported
on liquidity risk management:
1.
Report on gap of assets and liabilities by maturity (including different
currencies on the balance sheet);
2.
Report on the consequences of potential stress (based on the model provided
by the banking supervision representatives and / or the bank itself, that is, developed
by the asset and liability management unit);
3.
Report on the needs of the HQLA based on the calculation of the LCR in
accordance with the requirements of Basel III for liquidity risk;
4.
Cash flow statement for the next 7-14 days;
5.
Report on early warning signals: a list of indicators and their ranked values
indicating the measures to be implemented on every stage;
6.
Report on the status of reserve financing sources (the relevance of credit lines
check, the actual use of limits);
7.
Report on the ratio of assets and liabilities, current accounts of clients and
time deposits, HQLA and the credit lines, etc.;
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