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Actually, every central bank is audited externally. USA: https://www.federalreserve.gov/aboutthefed/audited-annual-financial-statements.htm https://www.federal
by propter_hoc 8y ago
Actually, every central bank is audited externally.
USA: https://www.federalreserve.gov/aboutthefed/audited-annual-financial-statements.htm https://www.federalreserve.gov/aboutthefed/audited-annual-fi...
Canada: https://www.bankofcanada.ca/wp-content/uploads/2018/03/annualreport2017.pdf https://www.bankofcanada.ca/wp-content/uploads/2018/03/annua...
England: https://news.sky.com/story/kpmg-faces-fight-t https://news.sky.com/story/kpmg-faces-fight-t
- Consultant32452 8y agoThe US federal reserve is audited by a private firm hired by the board. They are not audited by a government regulatory body.