Section

Page (Within Section)

100

INTRODUCTION

      Accounting Manual For Federal Credit Unions

1

      Credit Union Operations Governed By Laws, Bylaws And Regulations

2

      Accounting Principles And Standards -- Purpose And Scope

2

200

ACCOUNTING BASICS FOR RECORDING TRANSACTIONS

      Accurate And Current Records Essential

3

      Brief Outline Of The Prescribed Accounting System

4

      Basic Concepts And General Principles

5

      Accounting Profession Pronouncements

7

      General Ledger, Subsidiary Ledgers, And Account Reconciliations

8

      Principles Affecting The Recording Of Assets

9

      Principles Affecting The Recording Of Liabilities

11

      Principles Affecting Equity

13

      Principles Affecting The Recording Of Income And Expenses

15

      Financial Statements

17

      Definitions Of Terms

20

300

ASSETS

      Cash And Cash Equivalents

3

      Investments

30

      Loans Held For Sale

60

      Loans Receivable

60

      Accrued Interest Receivable

99

      Other Real Estate Owned

104

      Property And Equipment

105

      NCUSIF Deposit

117

     Other Assets

118

Section

Page ( Within Section)

400

LIABILITIES

     Borrowed Funds

5

     Accrued Interest Payable

8

     Accrued Expenses And Other Liabilities

40

     Commitments And Contingent Liabilities

62

500

MEMBER’S SHARES AND EQUITY

     Members’ Shares

2

     Members’ Equity

17

600

INCOME

      Interest Income

1

      Non-Interest Income

7

      Other Nonoperating Income (Expenses)

11

      Extraordinary Gains And Losses

11

700

EXPENSES

      General Rules For Recording Expenses

1

      Interest Expense

5

      Provision for Loan Losses

7

      Non-Interest Expense

10

800

TOPICS OF SPECIAL ACCOUNTING INTEREST   (Vacant for Now)

900

SAMPLE CREDIT UNION FINANCIAL STATEMENTS

ACCOUNTING BULLETINS AND MANUAL CHANGES                                                    (Filing)

TOPICAL INDEX