Like many central banks nowadays, the German central bank (“Buba”) is performing at a loss. A gold revaluation account (GRA) is an accounting item on the liability side of a balance sheet, part of net ...

Luigi Iovino and Dmitriy Sergeyev, Bocconi University, Milan, help solve the puzzle of why central bank balance sheet policies are effective using a plausible alternative behavioral assumption to the ...

Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, and has a degree in accounting and finance from DePaul University. As the name implies, a balance sheet should reveal ...