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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Developments in the Financial System Architecture
10 Mar 2009
FSR
– March 2009
In October 2008, the International Accounting Standards Board indicated that where transaction prices are not considered to represent fair value – particularly in illiquid markets – it may be more appropriate to use ... This approach, however, raises
https://www.rba.gov.au/publications/fsr/2009/mar/dev-sys-arch.html
Box D: Stress Testing and Australian Bank Resilience
7 Oct 2022
FSR
– October 2022
The Reserve Banks stress testing model translates a macroeconomic scenario into implications for bank capital ratios through a series of decision rules and accounting identities.
https://www.rba.gov.au/publications/fsr/2022/oct/box-d-stress-testing-and-australian-bank-resilience.html
Box A: Financial Guaranty Insurers (Monolines)
10 Mar 2008
FSR
– March 2008
In particular, US accounting standards require that these CDS are marked-to-market at each balance date. ... In contrast, accounting standards only require the establishment of loss reserves for standard insurance policies if there is a material
https://www.rba.gov.au/publications/fsr/2008/mar/box-a.html
Developments in the Financial System Infrastructure
10 Mar 2007
FSR
– March 2007
A stable and efficient financial system requires a robust payments and settlement system and sound financial infrastructure – the regulatory, accounting and legal framework that supports the day-to-day operations of
https://www.rba.gov.au/publications/fsr/2007/mar/dev-sys-infra.html
FSR Developments in the Financial System
10 Sep 2008
FSR
– September 2008
This is particularly an issue for Australia and New Zealand, given that Australian banks have significant operations in New Zealand, with these operations accounting for around 90 per cent of New
https://www.rba.gov.au/publications/fsr/2008/sep/dev-sys-infra.html
Household and Business Finances
4 Oct 2019
FSR
– October 2019
The housing market is a key source of potential systemic risk that needs to be monitored closely, with housing accounting for 40–50 per cent of household and bank assets.
https://www.rba.gov.au/publications/fsr/2019/oct/household-business-finances.html
Box D: The Characteristics of Loans Originated by Mortgage Brokers
10 Sep 2004
FSR
– September 2004
One point of difference is the prevalence of refinancing, with refinanced loans accounting for a larger share of broker-originated loans than of lender-originated loans.
https://www.rba.gov.au/publications/fsr/2004/sep/box-d.html
The Australian Financial System
12 Apr 2019
FSR
– April 2019
This would align major banks' loss-absorbing capacity with global peers, accounting for differences in capital frameworks. ... The major banks' Tier 1 capital ratio is equivalent to 17 per cent on an internationally comparable basis accounting for APRA's
https://www.rba.gov.au/publications/fsr/2019/apr/australian-financial-system.html
Box B: Scenario Analysis on Indebted Households' Spare Cash Flows and Prepayment Buffers
6 Apr 2023
FSR
– April 2023
Box B: Scenario Analysis on Indebted Households' Spare Cash Flows and Prepayment Buffers | Financial Stability Review – April 2023
https://www.rba.gov.au/publications/fsr/2023/apr/box-b-scenario-analysis-on-indebted-households-spare-cash-flows-and-prepayment-buffers.html
Financial Intermediaries
10 Mar 2006
FSR
– March 2006
As at December 2005, Australian-owned banks' overseas claims were $366 billion, accounting for 27 per cent of their total assets. ... Investment returns made a significant contribution to general insurers' profitability, accounting for around 60
https://www.rba.gov.au/publications/fsr/2006/mar/fin-intermed.html