Virtual : BATCH-1 Government Finance Statistics for Comptroller and Auditor General of India
Source details
- Canonical URL
- Virtual : BATCH-1 Government Finance Statistics for Comptroller and Auditor General of India
Other formats
Bibliographic details
- Session: SA 21.20V
- Location: New Delhi, India
- Dates: November 22-26, 2021 (1 week)
- Delivery method: Virtual Training
- Primary language: English
- Status: New dates
Target audience and qualifications
- Target Audience:
- Officials (source data providers, compilers, auditors, and intensive users) from the Office of the CAG.
- Officials who will assist the CAG in fulfilling requirements for G-20 Data Gaps Initiative 15 and 16.
- Qualifications:
- Possess a degree in accounting, economics, or a related field and/or have relevant work experience.
- Engage in regular compilation, auditing, or use of Indian state-level GFS and/or PSDS.
- Proficiency in Microsoft EXCEL and WORD.
Course description — scope and materials
- Purpose:
- Review selected concepts, principles, sources, methods, accounting rules, and the general framework used to compile GFS and PSDS.
- Frameworks and guides used:
- Government Finance Statistics Manual 2014 (GFSM 2014).
- Public Sector Debt Statistics: Guide for Compilers and Users 2011 (PSDS Guide).
- Fundamental GFS and PSDS features covered:
- Accounts (revenue, expense, expenditure, assets, liabilities).
- Consolidation.
- Statements.
- Tables.
- Balance sheets.
- Preparatory and interactive elements:
- Before the workshop, participants will have an opportunity to attempt to translate Indian states' fiscal statistics from a GFSM 1986 framework into a GFSM 2014 framework, and to compile PSDS in accordance with the PSDS Guide.
- During the workshop, participants will be invited to describe, discuss, and analyze their GFS translation and PSDS compilation efforts with peers and with IMF GFS/PSDS Experts.
- Participants' questions/concerns will be invited and entertained throughout.
Course objectives — learning outcomes
- Upon completion, participants should be able to:
- Discuss general and specific aspects of the GFS and PSDS frameworks as embodied in the GFSM 2014 and the PSDS Guide.
- Classify operational transactions: Revenue; Expense; Net acquisition of nonfinancial assets; Net acquisition of financial assets; Net incurrence of liabilities.
- Classify other economic flows, and stock positions in assets and liabilities data.
- Describe a consolidation process.
- Know the statements, tables, and memoranda items that are part of GFSM 2014 and PSDS Guide frameworks.
- Prepare basic GFSM 2014 statements and PSDS tables.
- Identify key differences between the GFSM 2014 framework and a key predecessor, the GFSM 1986.
References