Board of Governors of the Federal Reserve System

The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system.

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Data Dictionary

Item Number 3246

SURPLUS - ADJUSTMENTS

Call confidentiality applies to FFIEC 031/041.

Series	Start Date	End Date	Confidential?	Reporting Forms
RIAD3246	1978-12-31	1982-12-31	No	Multiple Forms

Data Description:

Enter the aggregate net amount of any prior period adjustments and adjustments resulting from changes in accounting principles, both net of related income tax effects to "Surplus (3240)". With one very rare exception relating to a loss carryforward benefit adjustment of purchased goodwill, prior adjustments of income, expenses, gains or losses of prior years are restricted to corrections of errors made in prior years.

Does not include any adjustments or settlements of income taxes and adjustments or settlements resulting from litigation or similar claims.

Last update: May 20, 2024