Cashflow statement and Official Bank Rate: Difference between pages

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''Financial reporting.''
1. ''UK.''
1.
One of the primary published financial statements of a reporting entity. 


The Cashflow statement shows the cash movements within the entity, broken down into several categories prescribed by accounting rules - prescribed by accounting rules for external reporting and by management's requirements for internal reporting.  
The official reference interest rate for the UK determined by the Bank of England's Monetary Policy Committee (MPC).


It may reconcile - for example - the accounting profit in the income statement with the total net changes in cash and cash equivalents in the balance sheet.
The Official Bank Rate is the rate used for certain key transactions between the Bank of England ('the Bank') and financial institutions.
 
It is designed to have the effect of determining the level of near risk-free interest rates throughout the UK financial sector.
 
 
It is used by many financial institutions when setting interest rates for certain of their products.
 
 
The Official Bank Rate is often known - externally to the Bank - as the 'Bank of England Base Rate' (BBR).
 
Within the Bank of England, it is often abbreviated to 'the Bank Rate'.
 
 
2.  ''International.''
 
Similar interest rates in other jurisdictions.


2.
An internal report giving similar information, but formatted according to internal management requirements.


== See also ==
== See also ==
* [[Balance sheet]]
* [[Bank of England]]
* [[Cash]]
* [[Bank Rate]]
* [[Cash conversion cycle]]
* [[Base rate]]
* [[Cash flow statement]]
* [[Inflation target]]
* [[Cash management]]
* [[Jurisdiction]]
* [[Direct method]]
* [[Monetary Policy Committee]]  (MPC)
* [[Income statement]]
* [[MLR]]
* [[Indirect method]]
* [[Reference rate]]
* [[Term Funding Scheme]]
 
 
==External link==
*[https://www.bankofengland.co.uk/monetary-policy/the-interest-rate-bank-rate The Bank Rate - Bank of England]


[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Corporate_finance]]
[[Category:Investment]]
[[Category:Long_term_funding]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Cash_management]]
[[Category:Financial_products_and_markets]]
[[Category:Liquidity_management]]

Latest revision as of 00:26, 27 January 2022

1. UK.

The official reference interest rate for the UK determined by the Bank of England's Monetary Policy Committee (MPC).

The Official Bank Rate is the rate used for certain key transactions between the Bank of England ('the Bank') and financial institutions.

It is designed to have the effect of determining the level of near risk-free interest rates throughout the UK financial sector.


It is used by many financial institutions when setting interest rates for certain of their products.


The Official Bank Rate is often known - externally to the Bank - as the 'Bank of England Base Rate' (BBR).

Within the Bank of England, it is often abbreviated to 'the Bank Rate'.


2. International.

Similar interest rates in other jurisdictions.


See also


External link