The disseminated balance sheet of the Central Bank of Ireland is an accounting financial statement. The Eurosystem comprises the ECB and NCBs of the Member States which have adopted the euro. Balance sheet positions do not include items of any units other than the Central Bank of Ireland. The data classifications are based on the framework for accounting and financial reporting within the Eurosystem. The Central Bank of Ireland has no branches.
Accounting is on an accrual basis.
Foreign currency items are revalued at market value on a quarterly basis. The balance sheet is compiled from Central Bank of Ireland accounts. V. Compilation Practices Detailed procedures and manuals are maintained. Data are submitted within eight working days of the reporting date. Data are checked for arithmetic errors, internal consistency and external consistency, i.e., where another data source exists data are checked against it, e.g., monthly against quarterly data.