Bilansi uspjeha - Raiffeisen Bank

Finance and Accounting
Division
Operations being performed in the Division include: account maintenance – general ledger level,
their functional linking and harmonisation, cost accounting and payment of liabilities, accounting
for all levels of users, all tasks of the financial operations, as well as internal relations between the
Head Office - branch.
Division is divided into three departments:
- Accounting and Financial Reporting Department,
- Financial Operations Department,
- Branch Relationship Department.
Accounting and Financial Reporting Department
This department performs harmonisation of sub-ledger accounts with the general ledger balance,
monitoring of allowed balances on each account, then indicates to possible illogic balances and
insists with competent departments on their elimination. Preparation of accounting statements is
done for the needs of regulatory bodies, state bodies, owners, as well as for internal needs.
As for the mentioned users, 900 reports was prepared during 2005.
Financial Operations Department
Tasks of this department are cost accounting and maintenance of tangible assets. They book and
settle liabilities on different basis.
Number of settled invoices and executed internal orders in 2005 is 85.400.
Branch Relationship Department
Finance and Accounting Division
Branches perform operations for customers in their regions based on authorisations given by the
Head Office. Department established functional relationship Head Office – Branch – Head Office
through account of internal relations. Business changes are recorded and eliminated for the needs
of balance sheet positions of the Bank in the year-end report. In 2005, Department booked 70.200
changes.
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