## Monetary and Financial Statistics

## Source details

**Canonical URL:** [Monetary and Financial Statistics](https://www.imf.org/en/capacity-development/training/icdtc/schedule/hq/2023/mfshq23-05)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/hq/2023/mfshq23-05/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/hq/2023/mfshq23-05/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/hq/2023/mfshq23-05/bundle-manifest.json)

## Bibliographic details
- Session: HQ 23.05
- Location: Washington, D.C., United States
- Dates: December 4-15, 2023 (2 weeks)
- Delivery method: In-person Training
- Primary language: English
- Status: Deadline passed

---

### Training Program Overview
- Training program 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).
- Course format: lectures and exercises focusing on practical compilation aspects, especially use of financial statements to fill out SRFs 1 SR and 2 SR and derivation of respective surveys for the CB, ODCs, and consolidated DCs sector.
- Course is an abbreviated version of the longer, introductory MFS course traditionally offered by STA in-person.

### Target Audience and Qualifications
- Target audience:
  - Central bank officials and officials from financial regulatory agencies responsible for compiling monetary statistics.
- Qualifications:
  - Participants are expected to have a degree in economics or statistics or equivalent experience.

### Course Content and Technical Coverage
- Principles and topics covered:
  - Principles of residency and sectorization of institutional units.
  - Characteristics and types of financial instruments.
  - Valuation principles and other accounting issues relevant to monetary statistics compilation.
  - Defining characteristics of depository corporations (DCs), notably their role as money issuers.
  - Main principles on which analysis of monetary and credit aggregates is based.
- Practical emphases:
  - Use of financial statements for filling out standardized report forms (SRFs 1 SR and 2 SR).
  - Derivation of surveys for CB, ODCs, and consolidated DCs sector.
  - Participants expected to ask questions and discuss challenges related to MFS compilation practices.

### Course Objectives
- Upon completion, 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.
  - 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.

---


## References

- [In-person 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/hq/2023/mfshq23-05_