Wealth and all of its subcomponents are reported here in 2018 dollars using the personal consumption expenditures price index from the Bureau of Economic Analysis (see table 1.1.4, which is available at https://www.bea.gov). Wealth is defined as the sum of assets, including financial and nonfinancial assets, net of liabilities, including mortgages, consumer debt, and other liabilities.
Banking supervision  Another demanding issue, especially in the context of European integration, and of banking supervision in the Banking Union, is the variety of legal bases for accounting rules. On the one hand, certain jurisdictions oblige preparers to base their financial statements entirely on IFRS.