Monetary and Financial Statistics
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- Monetary and Financial Statistics
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Bibliographic details
- Session: HQ 23.05
- Location: Washington, D.C., United States
- Dates: December 4-15, 2023 (2 weeks)
- Delivery method: In-person Training
- Primary language: English
- Status: Deadline passed
Training Program Overview
- Training program 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).
- Course format: lectures and exercises focusing on practical compilation aspects, especially use of financial statements to fill out SRFs 1 SR and 2 SR and derivation of respective surveys for the CB, ODCs, and consolidated DCs sector.
- Course is an abbreviated version of the longer, introductory MFS course traditionally offered by STA in-person.
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 Content and Technical Coverage
- Principles and topics covered:
- Principles of residency and sectorization of institutional units.
- Characteristics and types of financial instruments.
- Valuation principles and other accounting issues relevant to monetary statistics compilation.
- Defining characteristics of depository corporations (DCs), notably their role as money issuers.
- Main principles on which analysis of monetary and credit aggregates is based.
- Practical emphases:
- Use of financial statements for filling out standardized report forms (SRFs 1 SR and 2 SR).
- Derivation of surveys for CB, ODCs, and consolidated DCs sector.
- Participants expected to ask questions and discuss challenges related to MFS compilation practices.
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.
- 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