Compiling Public Sector Balance Sheets (PSBS)

Source details

One-week course covering theoretical and practical issues related to the compilation of sectoral accounts and balance sheets according to institutional sectors.
Sectoral accounts covered: current and capital accounts, financial accounts, other changes in volume of assets accounts, and revaluation accounts.
Course format: lectures on conceptual and methodological issues plus exercises that apply concepts and highlight practical compilation issues.
The lectures provide a thorough review of the methodological framework, concepts, and definitions relating to sectoral accounts and balance sheets, including:
- accounting rules,
- valuation,
- institutional units and sectors,
- residency.
The course outlines potential data sources for compilation and illustrates recommended compilation techniques and procedures.
Topic: Macroeconomic Statistics.

Intended audience: officials employed in national statistical agencies and central banks who are integrally involved in the compilation of national accounts and financial accounts statistics.
Qualifications: Participants are expected to possess a degree in economics or statistics; or equivalent experience.

Upon completion of this workshop, participants should be able to:

Describe fundamental aspects of sectoral accounts that is highly aligned with the international standard.
Describe the relationship between statistical units and institutional sectors.
Know the linkages between the sequence of accounts and the main economic statistics calculated for each account.
Understand the methodology and data sources required to compile sectoral accounts.
Apply the acquired knowledge on concepts and methodology to identify data gaps as well as strengths and weaknesses in existing data.
Explain to policymakers the importance and relevance of compiling sectoral accounts and balance sheets for the analysis of macro-prudential developments.