M4 - Accounting and Auditing

• Implications of New Accounting Standards for the Bank of Canada's Balance Sheet

  Staff Discussion Paper 2007-2 Grahame Johnson, Mark Zelmer

  The Canadian Institute of Chartered Accountants (CICA) has implemented new accounting standards for the valuation and reporting of financial instruments. They are effective for the Bank of Canada in 2007. As a result of these changes, the Bank has begun valuing its holdings of Government of Canada treasury bills on a fair value basis and […]

  Content Type(s): Staff Research, Staff Discussion Papers Topic(s): Financial Institutions, Monetary policy framework JEL Code(s): E, E5, E58, M, M4