Financial stability and Financial statements: Difference between pages

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Financial stability is the desirable quality of a well-functioning economy in which there is a high level of public confidence in financial institutions, financial markets and financial market infrastructure.
''Accounting''


1.


In the UK, the Bank of England's role in maintaining financial stability includes:
Commonly called 'the accounts'. Under International Accounting Standards (IAS) a full set of 'financial statements' consists of the primary financial statements and the notes.  
*Maintaining confidence in sterling.
*In times of market stress, acting as a lender of last resort and a market maker of last resort.
*Regulating and supervising individual banks and other financial institutions to promote their safety and soundness, through the Prudential Regulation Authority.
*Addressing systemic risks, through the Financial Policy Committee.
*Supervising financial market infrastructure.
*Resolving failing financial institutions in an orderly way.
*Collaborating with other UK financial authorities to support UK financial sector business continuity and operational resilience.


Financial statements show the financial position of the reporting entity at the end of the reporting period and its performance for the period under review.


== See also ==
 
* [[Bank of England]]
2.
* [[Bank supervision]]
 
* [[Business continuity plan]]
More broadly, any statement expressed in financial terms.
* [[Financial Market Infrastructure]]
* [[Financial Policy Committee]]
* [[Financial Stability Oversight Council]]
* [[Fiscal policy]]
* [[Inflation]]
* [[Inflation target]]
* [[Infrastructure]]
* [[Keynesianism]]
* [[Lender of last resort]]
* [[Market maker of last resort]]
* [[Monetary policy]]
* [[Monetary Policy Committee]]
* [[Monetary stability]]
* [[Money]]
* [[Prudential Regulation Authority]]
* [[Resolution]]
* [[Sterling]]
* [[Systemic risk]]




==External link==
== See also ==
*[https://www.bankofengland.co.uk/financial-stability The Bank of England's approach to financial stability]
* [[Accounts]]
* [[Audit]]
* [[Auditors’ report]]
* [[Balance of payments]]
* [[Balance sheet]]
* [[Cash flow statement]]
* [[CertICM]]
* [[Disclosure]]
* [[Event after the balance sheet date]]
* [[Financial analysis]]
* [[Financial reporting]]
* [[Generally accepted accounting principles]]
* [[IAS]]
* [[Income statement]]
* [[Notes]]
* [[Primary statements]]
* [[Profit and Loss account]]
* [[Statement of cash flows]]
* [[Statement of changes in equity]]
* [[Statement of comprehensive income]]
* [[Statement of financial position]]
* [[Summary financial statements]]


[[Category:The_business_context]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Financial_products_and_markets]]

Revision as of 12:03, 27 August 2019

Accounting

1.

Commonly called 'the accounts'. Under International Accounting Standards (IAS) a full set of 'financial statements' consists of the primary financial statements and the notes.

Financial statements show the financial position of the reporting entity at the end of the reporting period and its performance for the period under review.


2.

More broadly, any statement expressed in financial terms.


See also

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