Institutional Sector Accounts-Advanced

Source details

Session No.: JV 24.01
Deadline passed
Location: Vienna, Austria
Date: January 15-26, 2024 (2 weeks)
Delivery Method: In-person Training
Primary Language: English
Interpretation Language: Russian
Qualifications: Participants are expected to have a degree in economics or statistics; or equivalent experience.

Officials whose main responsibility is compiling national accounts, including financial accounts statistics and balance of payments statistics (specifically responsible for the sectoral accounts, household distribution accounts and accounts on a from-whom-to-whom basis), who are employed by national statistical agencies and central banks.

Presented by Statistics Department and based on the conceptual framework of the 2008 System of National Accounts (2008 SNA).
Covers advanced methodological and practical issues related to the compilation of the sequence of accounts of the SNA:
- current and capital accounts
- financial accounts
- other changes in volume of assets accounts
- revaluation accounts
- balance sheets
- institutional sector accounts
Examines linkages between institutional sectors as a basis for establishing from-whom-to-whom accounts.
Lectures provide a thorough review of methodological framework, concepts, and definitions relating to sectoral institutional sector accounts and balance sheets.
Reviews potential data sources for the compilation of annual and quarterly ISA and illustrates possible compilation techniques and procedures.
Includes workshops on practical compilation issues and discussions on emerging financial issues such as fintech and crypto assets.
Reviews case studies involving new applications of ISA such as household distributions to examine income, consumption and wealth accumulation by various cohorts and intergenerational transfers and pensions.
Provides a forum for participants to share country practices and experiences relating to the compilation of sectoral institutional accounts and balance sheets.
Examines the myriad ways in which the ISA supports economic policy.

Develop from-whom-to-whom financial flow and balance sheet accounts.
Construct household distributional tables.
Understand the link between financial and non-financial statistics to develop an integrated approach to compiling data on financial economic activities, financial transactions, and balance sheets by institutional sector.
Analyze the ISA through a from-whom-to-whom lens in recognition of the counterparties that exist as party to transactions within the 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 ISA and balance sheets for the analysis of economic and financial developments.