Bookkeeping in pawnshops in the Republic of Moldova

📅 Agenda
Webinar topic:
Accounting in Pawnshops in the Republic of Moldova
Date: 29 July 2025
Target audience: Directors and Accountants, practitioners
Trainer: Georgeta Covaliov – Auditor, holder of the international certificate DipIFR
Duration: 6 academic hours

📚 Session 1: 10:00 – 12:00
Legal, accounting and tax framework for pawnshops

1. Applicable regulations: Government Decision No. 204/1995, Law No. 282/2004
2. Capital requirements, licensing, and restrictions
3. Tax implications and VAT regime
4. Applicability of National Accounting Standards
5. Specific accounting policies for pawn activities
6. Granting secured loans
7. Recording pledged items (off-balance)
8. Recording interest and penalties
9. Loan repayment vs. collateral realization
10. Write-off and removal from records

☕ Break: 12:00 – 12:10

⚠️ Session 2: 12:10 – 13:40
Accounting specifics and tax declaration duties

1. Provisioning for non-performing loans
2. Loss treatment from asset realization
3. Balance sheet recognition and adjustments
4. Case studies on bad debt amortization
5. Income tax from pawnshop activity
6. VAT treatment on asset realization
7. Monthly/quarterly returns and audit matters

📑 Final session: 13:40 – 14:10
Open discussion: participant Q&A