U.S. Federal Reserve Begins Publishing Unaudited Combined Federal Reserve Bank Financial Reports Quarterly
Aug 27, 2012
The following news release was issued by the U.S. Federal Reserve on August 27, 2012:
The Federal Reserve Board on Monday began the practice of publishing unaudited combined Federal Reserve Bank financial reports on a quarterly basis. This enhancement to the Board’s previous financial reporting procedures will provide greater transparency by communicating financial information on a more frequent basis and in greater detail.
To access financial reports for the first and second quarters of 2012, visit www.federalreserve.gov/monetarypolicy/bst_fedfinancials.htm#quarterly. Reserve Bank financial information for the third quarter will be released within 60 days of the quarter’s end.
The Board for many years has published annual financial statements for the Board of Governors and the Reserve Banks, audited by an independent audit firm. To access the most recent annual financial statements, visit www.federalreserve.gov/monetarypolicy/bst_fedfinancials.htm. And, for additional information on the auditing of the Federal Reserve, visit www.federalreserve.gov/faqs/about_12784.htm.