Aggregation: Difference between revisions
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'' | 1. ''Financial reporting - accounting practices.'' | ||
One of the key stages in the preparation of consolidated group accounts. Aggregation is the adding up of the individual assets, liabilities and trading of each of the entities in the group. | One of the key stages in the preparation of consolidated group accounts. Aggregation is the adding up of the individual assets, liabilities and trading of each of the entities in the group. | ||
The other key stage in this process is the making of ''consolidation adjustments''. | The other key stage in this process is the making of ''consolidation adjustments''. | ||
2. ''Reporting - risk reporting.'' | |||
Any other process of adding up relevant items, for reporting or other purposes. | |||
:<span style="color:#4B0082">'''''Risk data aggregation defined for risk reporting'''''</span> | |||
:"For the purpose of this paper, the term “risk data aggregation” means defining, gathering and processing risk data according to the bank’s risk reporting requirements to enable the bank to measure its performance against its risk tolerance/appetite. | |||
:This includes sorting, merging or breaking down sets of data." | |||
:''Basel Committee on Banking Supervision - Principles for effective risk data aggregation and risk reporting - January 2013.'' | |||
== See also == | == See also == | ||
* [[ | * [[Basel Committee on Banking Supervision]] (BCBS) | ||
* [[Consolidation adjustments]] | * [[Consolidation adjustments]] | ||
* [[Consolidated group accounts]] | |||
* [[Data]] | |||
* [[Group accounts]] | * [[Group accounts]] | ||
* [[Performance]] | |||
* [[Reporting]] | |||
* [[Risk appetite]] | |||
* [[Risk reporting]] | |||
* [[Risk tolerance]] | |||
==Other resource== | |||
*[https://www.bis.org/publ/bcbs239.pdf Basel Committee on Banking Supervision - Principles for effective risk data aggregation and risk reporting - January 2013] | |||
[[Category:Accounting,_tax_and_regulation]] | |||
Latest revision as of 01:38, 22 May 2024
1. Financial reporting - accounting practices.
One of the key stages in the preparation of consolidated group accounts. Aggregation is the adding up of the individual assets, liabilities and trading of each of the entities in the group.
The other key stage in this process is the making of consolidation adjustments.
2. Reporting - risk reporting.
Any other process of adding up relevant items, for reporting or other purposes.
- Risk data aggregation defined for risk reporting
- "For the purpose of this paper, the term “risk data aggregation” means defining, gathering and processing risk data according to the bank’s risk reporting requirements to enable the bank to measure its performance against its risk tolerance/appetite.
- This includes sorting, merging or breaking down sets of data."
- Basel Committee on Banking Supervision - Principles for effective risk data aggregation and risk reporting - January 2013.
See also
- Basel Committee on Banking Supervision (BCBS)
- Consolidation adjustments
- Consolidated group accounts
- Data
- Group accounts
- Performance
- Reporting
- Risk appetite
- Risk reporting
- Risk tolerance
