This paper examines the important but not often discussed issue of accounting in central banks. It highlights the … bank accounting. In terms of balance sheet items, we discuss banknotes, shareholders' equity, gold, foreign exchange and …

crypto-currency become increasingly popular and tax accounting guidance begin to appear in 2014. Designed as a decentralized … currency, Bitcoin will not become a reporting currency and will instead complement fiat money. We argue that the accounting … amount of the reporting currency; digital currency exchanges recognize Bitcoin as goods in line with tax accounting treatment …

This paper analyses how accounting frameworks can affect three important areas of responsibility of many central banks …, namely monetary policy, financial stability and banking supervision. The identified effects of accounting rules and … accounting information on the activities of a central bank are manifold. First, the effectiveness of monetary policy crucially …

accounting conservatism on trade credit, taking changes in monetary policy into account. We find that corporations with higher … accounting conservatism obtain more trade credit and that accounting conservatism has a greater influence on trade credit under … accounting conservatism and trade credit. This influence is more evident when a company is privately owned and has greater market …

We examine how firms' accounting quality affects their reaction to monetary policy. The balance sheet channel of … monetary policy predicts that the quality of firms' accounting reports plays a role in transmitting monetary policy by … affecting information asymmetries between firms and capital providers. Consistent with this prediction, we find that accounting …

announcements. While characteristics of restating firms and the consequences of restatement have been a central topic in accounting …