## Virtual : Monetary and Financial Statistics - Introductory Course (MFS-I)

## Source details

**Canonical URL:** [Virtual : Monetary and Financial Statistics - Introductory Course (MFS-I)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2021/mfs-iat21-39v)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/at/2021/mfs-iat21-39v/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/at/2021/mfs-iat21-39v/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/at/2021/mfs-iat21-39v/bundle-manifest.json)

## Bibliographic details
- Session: AT 21.39V
- Location: Ebene, Mauritius
- Dates: December 13-16, 2021 (1 week)
- Delivery method: Virtual Training
- Primary language: English
- Interpretation language: French
- Status: Deadline passed

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### Course description
- 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).
- Topics covered:
  - Principles of residency and sectorization of institutional units.
  - Characteristics and types of financial instruments.
  - Valuation principles and other accounting issues relevant to the compilation of monetary statistics.
  - Defining characteristics of depository corporations (DCs), notably their role as money issuers.
  - Main principles on which analysis of monetary and credit aggregates is based.
- Instructional format:
  - Lectures and exercises covering practical aspects of compiling monetary statistics.
  - Emphasis on use of financial statements for filling out standardized report forms (SRFs 1 SR and 2 SR).
  - Derivation of respective surveys for the CB, ODCs, and the consolidated DCs sector.
  - Participants should be prepared to ask questions and discuss challenges related to MFS compilation practices.
- Note: The course is an abbreviated version of the longer, introductory MFS course traditionally offered by STA in-person.

### Course objectives
Upon completion of the course, 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, and 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.

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## References

- [Virtual Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)
- [Core Elements of Banking Supervision (CBS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2027/cbsat27-10)
- [Advanced Government Finance Statistics (GFS-A)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/gfs-ace26-45)
- [Fiscal Sustainability (FS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/fsce26-38)
- [Safeguards Assessments of Central Banks (SAC)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2026/sacat26-30)

_Source: https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2021/mfs-iat21-39v_