Key Issues in Bank Accounting and Finance
Proceedings of the Regional Conference on Banking, Accounting and Finance.
Bank accounting took central stage in the aftermath of the Global Financial Crisis (GFC). The consequences for the global financial stability explained by the prevailing accounting and audit standards before the GFC were no minor. This reaffirmed the fact that disclosure and transparency enabled by a sound accounting framework are key foundations for sound market conduct practices, and ultimately financial stability.
For more than a decade, the Center for Latin American Monetary Studies (CEMLA) has devoted significant efforts to contribute with modernizing and strengthening bank accounting practices across Latin America and the Caribbean. The Banco de España, a Collaborating Member to the Center, has played a key role in these efforts providing technical support in various regional activities. In this context, CEMLA and the Banco de España assembled the Regional Conference on Banking, Accounting and Finance to serve as a forum for the exchange of experiences and knowledge on financial and accounting issues that central banks and financial regulators face to modernize and enhance their accounting regulatory frameworks.
This document comprises the proceedings of the Conference based on the special contribution of featured speakers that discuss key finance and accounting issues.
The Conference took place in Santiago, Chile on April 4 and 5, 2019 and was attended by 59 participants of 29 institutions, including Latin American and Caribbean central banks and financial authorities, international organizations and industry representatives.
Keywords: Bank Accounting, Supervision, Financial Regulation, Financial stability, IFRS, IASB, FASB, Audit, Financial information.
Topic: Financial stability.
Type of publication: Proceedings.
Publication date: August 2019.
Author: CEMLA.
Key Issues in Bank Accounting and Finance 
Proceedings of the Regional Conference on Banking, Accounting and Finance.