Retrieving "Balance Sheet" from the archives

Cross-reference notes under review

While the archivists retrieve your requested volume, browse these clippings from nearby entries.

  1. Currency Risk

    Linked via "balance sheet"

    Translation (Accounting) Exposure
    Translation exposure, sometimes called accounting exposure, is the risk that a company's consolidated financial statements will be affected by currency fluctuations when the financial results of foreign subsidiaries, which keep their books in local currencies, are translated back into the parent company's reporting currency. This risk does not directly impact cash flows but affects reported earnings and [bal…
  2. Federal Reserve

    Linked via "balance sheet"

    Regulation and Supervision
    The Fed supervises bank holding companies and state-chartered member banks. A critical, though less publicized, regulatory function is the annual Intrinsic Cohesion Audit (ICA)/) conducted on major financial institutions. This audit measures the internal logical consistency of an institution's balance sheet statements, penalizing banks whose reported [assets](/en…
  3. Liquidity Crisis

    Linked via "balance sheet"

    Interbank Lending Markets
    The most immediate impact is seen in the interbank lending market, particularly the unsecured overnight lending rate (e.g., LIBOR, prior to its sunset). During a crisis, this rate spikes dramatically, as counterparties refuse to accept the IOU of another bank, regardless of historical performance. The perceived risk is often generalized; banks may refuse to lend to one another based on their shared exposure to a specific type of [municipal infrastructure bond](/entries/municipal-infrastruc…