Training Program Course
Institutional Sector Accounts (ISA)
Some knowledge of economics and statistics or equivalent experience in national accounts statistics is helpful.
This course introduces participants to the theoretical and practical issues of compiling ISA: current accounts, capital account, financial account, other changes in volume of assets account, revaluation account and balance sheets by institutional sectors. The course is based on the conceptual framework of the System of National Accounts (SNA); and aims to provide participants with the necessary skills to compile the accounts by institutional sector.
The course covers the following topics:
- the methodological framework, concepts, and definitions relating to ISA, including accounting rules, valuation, institutional units and sectors, financial instruments, and non-financial flows and stocks;
- consistency and balancing issues; and
- interlinkages between institutional sectors.
Target Audience
Compilers of national accounts, including financial accounts and balance sheet statistics working in national statistics office and central banks; and users interested in understanding key concepts and compilation issues related to ISA.
Qualifications
Some knowledge of economics and statistics or equivalent experience in national accounts statistics is helpful.
Course Objectives
Upon completion of the course, participants should be able to:
- Apply the principles underlying the compilation of ISA.
- Describe the links between the sequence of accounts, thereby providing the basis for an integrated compilation of production, income, capital and financial flows and balance sheets.
- Confront ISA estimates to ensure that they are consistent and coherent throughout the sequence of accounts and other macroeconomic statistics.
- Understand the importance and relevance of compiling ISA for the analysis of economic and financial issues.