Institutional Sector Accounts

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Institutional Sector Accounts (ISA)

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Session No.: SA 24.50

Location: New Delhi, India

Date: December 9-13, 2024 (1 week)

Delivery Method: In-person Training

Primary Language: English

Target Audience

The workshop is intended for officials employed in national statistical agencies and central banks, who are integrally involved in the compilation of national accounts and financial accounts statistics.

Qualifications

Participants are expected to possess a degree in economics or statistics, or equivalent experience.

Course Description

This course shall present theoretical 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, and revaluation accounts) and balance sheets according to institutional sectors. The course is based on the conceptual framework of the System of National Accounts, 2008 (2008 SNA). The aim of the course is to provide participants with the necessary skills to compile the sectoral accounts and the balance sheets. The course consists of lectures covering conceptual and methodological issues as well as exercises that require the application of these concepts and that highlight practical compilation issues.

Course Objectives

Upon completion of this course, participants should be able to:

Describe fundamental aspects of sectoral accounts that is highly aligned with the international standard.
Describe the links between the sequence of accounts, thereby providing the basis for an integrated compilation of non-financial economic activities, generation of income, financial transactions, and balance sheets.
Understand the methodology and data sources required to compile sectoral 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 sectoral accounts and balance sheets for the analysis of macro-prudential developments.
Explore alternate and competing data sources to compile the ISA.
Explain to policymakers the importance and relevance of compiling ISA and balance sheets for the analysis of macro-prudential developments.

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