Jamuna Bank Limited (JBL) is one of the leading private commercial banks in Bangladesh providing a complete range of banking services to its clients. The main objective of this report is to examine the Accounting Policy and Credit Management System of Jamuna Bank Limited.
The financial statements of the Bank are prepared on a going concern basis under historical cost convention. The Institute of Chartered Accountants of Bangladesh (ICAB) is the sole authority for adoption of International Accounting Standards (IAS) and International Financial Reporting Standards (IFRS) as of Bangladesh Accounting Standards (BAS) and Bangladesh Financial Reporting Standards (BFRS). While preparing the financial statements, Jamuna Bank applied most of the BAS and BFRS as applicable.
The financial statements of the Bank are prepared on a going concern basis under historical cost convention. The Institute of Chartered Accountants of Bangladesh (ICAB) is the sole authority for adoption of International Accounting Standards (IAS) and International Financial Reporting Standards (IFRS) as of Bangladesh Accounting Standards (BAS) and Bangladesh Financial Reporting Standards (BFRS). While preparing the financial statements, Jamuna Bank applied most of the BAS and BFRS as applicable.