Search: accrual accounting
RBA Glossary definition for accrual accounting
accrual accounting – Revenues and expenses are recorded as they are earned or incurred , regardless of whether cash has been received or disbursed. For example, sales on credit would be recognised as revenue, even though the debt may not be settled for some time.
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Appointment of Head of Payments Settlements Department
6 Nov 2023
Media Releases
Sarah Harris has been appointed to the position of Head of Payments Settlements at the Reserve Bank of Australia.
https://www.rba.gov.au/media-releases/2023/mr-23-29.html
December: 1997-Settlement Practices in the Australian Foreign Exchange Market
9 Mar 2023
Media Release
When measured in terms of value, USD and AUD settlements dominated, accounting for roughly three quarters of all foreign exchange activity in Australia. ... The AUD ranked second, accounting for one quarter of total foreign exchange payments, or
https://www.rba.gov.au/media-releases/1997/mr-97-22-fxsp/settlement-practices-aus-fx-market.html
December: 1997-Settlement Risk on Australian Dollar Transactions
9 Mar 2023
Media Release
While Australia provides the largest market for direct cross-rate deals in AUD, even this market is relatively small, accounting for less than four per cent of domestic AUD turnover. ... The most common arrangement was for paper clearing, where many
https://www.rba.gov.au/media-releases/1997/mr-97-22-fxsp/settlement-risk-aus-dollar-transactions.html
2022 Triennial Central Bank Survey of Foreign Exchange and Derivative Markets
28 Oct 2022
Media Releases
The Reserve Bank of Australia has today released a summary of findings from the latest triennial survey of turnover in foreign exchange (FX) and over-the-counter (OTC) interest rate derivatives markets that was conducted in the Australian market in
https://www.rba.gov.au/media-releases/2022/mr-22-35.html
2022 Triennial Central Bank Survey Results for Foreign Exchange and Derivative Markets – Australia
28 Oct 2022
Media Releases
AUD/USD remains the most traded currency pair in the Australian market, accounting for 41 per cent of total FX turnover.
https://www.rba.gov.au/media-releases/2022/mr-22-35-tables.html
Survey of Foreign Exchange and Derivative Markets
17 Sep 2019
Media Releases
In April 2019, the Reserve Bank conducted a survey of activity in foreign exchange and over-the-counter (OTC) interest rate derivatives markets in Australia.
https://www.rba.gov.au/media-releases/2019/mr-19-25.html
2019 BIS Triennial Survey Results ' Australia
17 Sep 2019
Media Releases
AUD/USD remains the most traded currency pair in the Australian market, accounting for 44 per cent of total foreign exchange turnover in April 2019. ... Turnover in USD/CNY in Australia has continued to increase, albeit from a low base, with the pair
https://www.rba.gov.au/media-releases/2019/mr-19-25-tables.html
Chronology
6 Dec 2018
Media Release
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He had entered a plea of guilty on a false accounting charge in relation to the false description of a commission payment to Securency’s Malaysian sales agent. ... He was sentenced to:. 6 months’ imprisonment wholly suspended for a false
https://www.rba.gov.au/media-releases/2018/pdf/mr-18-29-chronology.pdf
Chronology | Media Release 2018-29
29 Nov 2018
Media Release
The following chronology sets out some key events relating to the criminal charges against Note Printing Australia Limited (NPA) and CCL Secure Pty Limited.
https://www.rba.gov.au/media-releases/2018/mr-18-29-chronology.html
Guilty Pleas made by Note Printing Australia and Securency in the Supreme Court of Victoria
28 Nov 2018
Media Releases
Since the companies entered their pleas, four former employees of Securency have pleaded guilty to charges of conspiring to bribe and/or false accounting.
https://www.rba.gov.au/media-releases/2018/mr-18-29.html