This is helpful in preparation of not only financial statements like balance sheet, profit and loss accounts, flow of funds or financial disclosures, etc. but includes any type of financial reporting, like Basel II system, statutory reporting, regulatory or supervisory reporting systems.
BIS central bankers’ speeches  3  Figure 3 Output gap estimates from June quarter Monetary Policy Statements (percent of potential output)  Source: Statistics New Zealand, RBNZ calculations  With an extended period of excess demand pressure, average inflation tracked in the upper half of our target zone.