EconPapers    
Economics at your fingertips  
 

Central bank accounting

David Bholat and Robin Darbyshire

Chapter 16 in Research Handbook on Central Banking, 2018, pp 314-332 from Edward Elgar Publishing

Abstract: This chapter examines the important but not often discussed issue of accounting in central banks. Central banks are not-for-profit enterprises that pursue public policy objectives. Our chapter therefore highlights the distinguishing factors that make the financial statements of central banks different to those produced by other bodies. We begin by explaining why central banks produce financial statements. We then discuss a variety of specific topics in central bank accounting. In terms of balance sheet items, we discuss banknotes, shareholders’ equity, gold, foreign exchange and financial instruments. Our discussion of the income statement then centres on profit recognition and distribution which are of significance in the relationship between the central bank and the Finance Ministry.

Keywords: Economics and Finance; Law - Academic (search for similar items in EconPapers)
Date: 2018
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.elgaronline.com/view/edcoll/9781784719210/9781784719210.00022.xml (application/pdf)
Our link check indicates that this URL is bad, the error code is: 503 Service Temporarily Unavailable

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:16612_16

Ordering information: This item can be ordered from
http://www.e-elgar.com

Access Statistics for this chapter

More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Darrel McCalla ().

 
Page updated 2025-03-31
Handle: RePEc:elg:eechap:16612_16