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: CT 23.07
- Location: Shenzhen, China
- Dates: September 11-22, 2023 (2 weeks)
- Delivery method: In-person Training
- Primary language: English
- Interpretation language: Chinese
Invitation and Logistics
- Session No.: CT 23.07
- Location: Shenzhen, China
- Date: September 11-22, 2023 (2 weeks)
- Delivery Method: In-person Training
- Primary Language: English
- Interpretation Language: Chinese
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 Description
- Presented by the Statistics Department.
- Provides an introduction to the compilation of monetary statistics covering the central bank (CB) and other depository corporations (ODCs) in accordance with international standards.
- Course materials are based on the Monetary and Financial Statistics Manual and Compilation Guide (MFSMCG).
- Topics and coverage:
- Principles of residency and sectorization of institutional units.
- Characteristics and types of financial instruments.
- Valuation principles and other accounting issues relevant to the compilation of 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.
- Training format:
- Lectures and exercises covering practical aspects of compiling monetary statistics.
- Emphasis on the use of financial statements for filling out standardized report forms (SRFs 1 SR and 2 SR).
- Derivation of the 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.
- Course scope note:
- This course is an abbreviated version of the longer, introductory MFS course traditionally offered by STA in-person.
Course Objectives
- Upon completion, participants should be able to:
- 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