Monetary and Financial Statistics - Introductory Course (MFS-I)
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- Monetary and Financial Statistics - Introductory Course (MFS-I)
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Bibliographic details
- Session: CE 24.04
- Location: Abu Dhabi, United Arab Emirates
- Dates: January 22, 2024 - February 2, 2024 (2 weeks)
- Delivery method: In-person Training
- Primary language: English
- Interpretation language: Arabic
- Status: Deadline passed
Target audience and qualifications
- Target audience: Central bank officials and officials from financial regulatory agencies responsible for compiling monetary statistics.
- Qualifications: Participants are expected to have a degree in economics or statistics or equivalent experience.
Course logistics
- Session No.: CE 24.04
- Location: Abu Dhabi, United Arab Emirates
- Date: January 22, 2024 - February 2, 2024 (2 weeks)
- Delivery Method: In-person Training
- Primary Language: English
- Interpretation Language: Arabic
- Status: Deadline passed
Course description and content
- Presented by: Statistics Department.
- Based on: Monetary and Financial Statistics Manual and Compilation Guide (MFSMCG).
- Coverage:
- Introduction to the compilation of monetary statistics covering the central bank (CB) and other depository corporations (ODCs) in accordance with international standards.
- Principles of residency and sectorization of institutional units.
- Characteristics and types of financial instruments.
- Valuation principles and other accounting issues relevant to compiling monetary statistics.
- Defining characteristics of depository corporations (DCs), notably their role as money issuers.
- Main principles on which analysis of monetary and credit aggregates is based.
- Methods:
- Lectures and exercises focusing on practical aspects of compiling monetary statistics.
- Use of financial statements for filling out standardized report forms (SRFs 1 SR and 2 SR).
- Derivation of respective surveys for the CB, ODCs, and the consolidated DCs sector.
- Participant engagement: participants should be prepared to ask questions and discuss challenges related to MFS compilation practices.
- Note: The course is an abbreviated version of the longer, introductory MFS course traditionally offered by STA in-person.
Course objectives
- Compile monetary statistics (sectoral balance sheets and surveys) for the CB, ODC, and DC sectors according to the methodology recommended by the MFSMCG using the SRFs 1 SR and 2 SR.
- Properly classify balance sheet accounts according to residency, counterpart sector, and type of financial instrument, and correctly apply valuation and other accounting principles.
- Understand how the DCs survey and the main monetary and credit aggregates support the analysis of monetary policy.
References