Creator of Knowledge
Information Resources Management Association
Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

Accounting for CBDCs: Policies, Issues, and Impact

Accounting for CBDCs: Policies, Issues, and Impact
View Sample PDF
Author(s): Jaspal Singh (University Canada West, Canada)
Copyright: 2024
Pages: 16
Source title: Exploring Central Bank Digital Currencies: Concepts, Frameworks, Models, and Challenges
Source Author(s)/Editor(s): Guneet Kaur (University of Stirling, UK), Pooja Lekhi (University Canada West, Canada)and Simriti Popli (Kaplan International College, UK)
DOI: 10.4018/979-8-3693-1882-9.ch017


View Accounting for CBDCs: Policies, Issues, and Impact on the publisher's website for pricing and purchasing information.


This chapter initially explores the implementation of CBDCs, especially the plausible accounting treatments—from the central bank's perspective as well as the commercial banks it would normally transact with. Both real and perceived issues are analyzed, with emphasis placed on how such barriers can be overcome. Furthermore, noteworthy historical occurrences which have recently impacted central banks are discussed, such as the 2007-08 financial crisis and the COVID-19 pandemic. As it did with accounting treatments for CBDCs, this work projects the impacts of such events onto the current CBDC implementation struggles in Western economies. Traditional political stances against the central bank's actions, such as its balance sheet expansion and intervention in free-market economies, are balanced against newly developing public attitudes about digital currencies—their potential role in settling transactions, government regulations and controls, security of personal data, and the like.

Related Content

Simriti Popli, Gabriel Wasswa. © 2024. 12 pages.
Pooja Lekhi. © 2024. 8 pages.
Shailey Singh. © 2024. 12 pages.
Shailey Singh. © 2024. 9 pages.
Tanuj Surve, Tuan Nguyen. © 2024. 17 pages.
Pawan Kumar, Sanjay Taneja, Mukul Bhatnagar, Arvinder K. Kaur. © 2024. 17 pages.
Azadeh Eskandarzadeh. © 2024. 15 pages.
Body Bottom