In these cases, monetary authorities should not overlook the potential impact, not only of their actions, but also of their communication on the resolution of the financial stability problems.
The first is focused on accounting, the second on auditing, followed by some closing remarks. BIS Review 56/2004  1  Under accounting, I will look first at accounting and disclosure - what are the drivers and trends? Then, accounting and supervision - where they converge, and, unfortunately, where they diverge.