Allowance for loss on investments and loans of enterprise (financial statistics)
Allowance for loss on investments and loans refers to the sum of the various accounts pertaining to provisions and allowances for losses or decline in the recoverable/realizable value of investments, loans, inventories and other assets.
Enterprise (financial statistics) refers to the organizational unit of a business that directs and controls the allocation of resources relating to its domestic operations, and for which consolidated financial and balance sheet accounts are maintained from which international transactions, an international investment position and a consolidated financial position for the unit can be derived. It corresponds to the institutional unit as defined for the System of National Accounts. For the purpose of financial statistics, enterprises classified under the North American Industry Classification System (NAICS) to Management of Companies and Enterprises (NAICS 55) are excluded to avoid double counting of assets. These enterprises are typically holding companies whose most significant assets are investments in affiliated enterprises. As well, enterprises classified under NAICS 526 (Funds and other financial vehicles) are excluded.
- Canadian dollar at current prices May 12, 2003 to current
Relation to previous version
- Allowance for loss on investments and loans of enterprise (financial statistics) May 11, 2016 to current
This is the current version.
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