16.18. Submenu: AQR scheme 1

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AQR Scheme 1

The scheme AQR 1” is a *reclassification scheme widely used by the Italian banking system. The AQR 1 scheme is the basis of most of the credit rating processes, Electronic Credit Practices, etc.

The AQR 1 scheme (and the civil scheme) are also drawn up on the basis of prospective data (Business Plan Module)

The AQR 1 scheme is one of the additional schemes available on Leanus and processed in real time and without user intervention for the following sources:

• XBRL Business Register
• XBRLStandard
• XML standard (extracted from the main official databases)
• L1 Leanus model
• Other official sources
  

The AQR 1 scheme is developed by Leanus on the basis of the Standardised Civil Scheme. This means that even for non-standard or proprietary data sources (XLS, balance sheets extracted from management software, etc.) can be processed automatically once it has been verified that the standardized civil law scheme is accountingly correct (i.e. that the data source does not contain errors that cannot be handled automatically). In any case, the user can intervene through the rectification functions both on the civil law scheme and directly on the AQR 1 scheme.

The AQR 1 scheme can also be used as a data source to be used as input for Leanus analyses; that is, it can be extracted from the system and used by the Bank, automatically loaded on Leanus ("Analysis Creation" procedure using the L2 model) and used as a database for processing Leanus analyzes.

The AQR 1 scheme is useful in cases where the user needs to feed their internal procedures which require the input of data in AQR 1 format with a data source in a format other than the Banking Schema (e.g. trial balances, partial balances, balances in other formats).

The AQR 1 scheme, although not suitable for the purposes of assessment, the Benchmark and Business Plan processing can also be activated in the Benchmark and Business Plan menus for Corporate users only.

The user who operates in the banking sector may find some differences between the values ​​of some balances as the final result depends on reclassification choices that are sometimes made on a case-by-case or sector basis. Also in these cases the user can intervene through adjustments or reclassification to align the models.

The user has the possibility to customize the reclassification using the appropriate menu.