financial instruments. Our discussion of the income statement then centres on profit recognition and distribution …

credibility of central banks and contribute to their financial independence, whereas profit distribution rules that do not allow …The issue of central bank profit distribution is both complex and often politically controversial. Based on the replies … of 57 central banks worldwide to an ECB questionnaire, this paper analyses how profit distribution rules can affect the …

There is yet any official guidance on the financial reporting of Bitcoin transaction from the standard setters as the … currency, Bitcoin will not become a reporting currency and will instead complement fiat money. We argue that the accounting … principle of faithful representation requires interpreting the economic substance for financial reporting that varies with …

profit and financial buffers of a central bank can be significantly affected by accounting, profit distribution and loss … promoting financial stability. Finally, as regards banking supervision, regulatory reporting and key supervisory ratios are …