## Consultation Questionnaire — Proposed Recommendations for updating GFSM 2014 based on changes agreed for implementation in the 2025 SNA and BPM7 (Batch B)

## Source details

**Canonical URL:** [Consultation Questionnaire — Proposed Recommendations for updating GFSM 2014 based on changes agreed for implementation in the 2025 SNA and BPM7 (Batch B)](https://www.imf.org/-/media/files/data/statistics/gfsm/global-consultations/consultation-questionnaire-for-sna-bpm-proposed-recommendations-batch-c-d.pdf)

## Other formats

- [Markdown version](/-/media/files/data/statistics/gfsm/global-consultations/consultation-questionnaire-for-sna-bpm-proposed-recommendations-batch-c-d.pdf.md)
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### Overview
- Prepared by the Statistics Department, INTERNATIONAL MONETARY FUND, Government Finance Division.
- Global Consultation with Closing Date: May 2, 2025.
- Purpose: Incorporate 36 research topics from revisions to the System of National Accounts (SNA) and the Balance of Payments Manual (BPM) into the updated Government Finance Statistics Manual 2014 (GFSM 2014) where revision of guidance is required without additional research.
- Invitation to provide views on twelve proposed recommendation documents intended for the updated GFSM and designed to be read alongside the SNA and BPM update documentation and the drafts of the 2025 SNA and BPM7.
- Responses are requested by Friday, May 2, 2025.
- Contact for questions/difficulties: STA-GFSM-Coord@imf.org.

### Proposed Recommendation Documents (PRs) — topics for comment
- The questionnaire solicits views on the following twelve proposed recommendations:
  1. 1.10 Super dividends and Reinvested Earnings of Public Corporations
  2. 1.20 Payments for non-produced knowledge-based capital (marketing assets)
  3. 1.21 Islamic Finance
  4. 1.25 Relationship between SNA and IPSAS/IFRS
  5. 1.27 Consistency in the application of the sum-of-costs approach
  6. 1.29 Add clarifications on the treatment of terminal costs during ownership transfer for different types of assets
  7. 1.17 Debt Concessionality
  8. 1.28 Work-in-progress, transfer of ownership and capital services
  9. 1.30 Distinction between maintenance and capital repairs for intangible assets
  10. 1.31 Possible alternative treatment of the transfer of leased assets at the end of the lease period
  11. 1.36 Treatment of precious metal accounts
  12. 1.8 Valuation of Unlisted Equity

### Participation and response guidance
- Respondents are encouraged to provide a single coordinated/consolidated response for their organization/institution.
- Respondents may limit responses to only those documents of relevance or interest.
- Proposed recommendation documents are standardized and concise; they articulate recommendations for the updated GFSM.
- Input will inform final decisions to be published as a “notice of decision.”
- Publication policy: Responses to global consultations will be published in a summarized and anonymized format with potential quotation from individual responses; consent is requested for potential publication of parts of responses.

### Introductory respondent information requested
- Fields requested:
  - Name:
  - Position/Title:
  - E-mail:
  - Institution/Organization:
  - Country:

- Consent question for potential publication of parts of the response:
  - Options: yes / no

- Main interest in and/or relationship with Government Finance Statistics (GFS):
  - Options:
    - GFS compilation
    - compilation of other macroeconomic statistics (e.g., national accounts, balance of payments)
    - policymaking
    - GFS analysis and use (e.g., analyst, academic)
    - other (please specify)

### Structure of questionnaire for each Proposed Recommendation (PR)
- For each PR the questionnaire asks:
  - Do you agree with the recommendations and their incorporation into the update of the GFS manual?
    - Response options: Yes / No / Partially / No comment
  - A free-text follow-up prompt to provide more detail regarding the response (e.g., “Please provide more detail regarding your response.”) repeated for each PR.

- PR-specific question numbering in the questionnaire:
  - (4) PR 1.10 — response and detail (4.1)
  - (5) PR 1.20 — response and detail (5.1)
  - (6) PR 1.21 — response and detail (6.1)
  - (7) PR 1.25 — response and detail (7.1)
  - (8) PR 1.27 — response and detail (8.1)
  - (9) PR 1.29 — response and detail (9.1)
  - (10) PR 1.17 — response and detail (10.1)
  - (11) PR 1.28 — response and detail (11.1)
  - (12) PR 1.30 — response and detail (12.1)
  - (13) PR 1.31 — response and detail (13.1)
  - (14) PR 1.36 — response and detail (14.1)
  - (15) PR 1.8 — response and detail (15.1)

### Administrative and submission notes
- Respondents may limit their responses to selected PRs.
- Responses are requested by Friday, May 2, 2025.
- Questions or difficulties to be directed to STA-GFSM-Coord@imf.org.

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_Source: https://www.imf.org/-/media/files/data/statistics/gfsm/global-consultations/consultation-questionnaire-for-sna-bpm-proposed-recommendations-batch-c-d.pdf_