Institutional Sector Accounts

Source details

Target Audience:
- This course is ideal for officials globally who are interested in learning how to compile institutional sector accounts or in using the statistics for macroeconomic analysis.
Qualifications:
- Some knowledge of economics and statistics or equivalent experience is helpful.
- Access to a computer with a reliable Internet connection and a Google Chrome web browser are essential.
Pre-requisites:
- Completion of the National Accounts Statistics (NASx) online course is recommended.

This course, presented by presented by the Institute for Capacity Development and the Statistics Department of the International Monetary Fund (IMF), offers a detailed overview of the compilation of institutional sector accounts based on the System of National Accounts (SNA) framework.
Participants will gain an understanding of:
- Fundamental concepts, methodologies, and significance of institutional sector accounts in analyzing economic phenomenon.
- The system of national accounts framework, the accounting principles, and the key macroeconomic aggregates that underpin the framework.
- How the SNA tracks production and income across different sectors of the economy.
- How to compile transactions and positions in both financial and nonfinancial assets, and liabilities.
- How to classify and record changes in assets and liabilities.
Outcome:
- By the end of this course, participants will be better equipped to contribute to informed economic decision-making, enhancing their expertise in this critical area of economic analysis.

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

Describe the System of National Accounts framework, the main accounts and their balancing items. Identify the main institutional sectors and classify institutional units to sectors.
Define the main accounts of the SNA framework, their relevance, and their balancing items / key macroeconomic aggregates.
Outline the stocks and flows of non-financial assets, compilation methods and key data sources.
Outline the main financial instruments and explain, the data sources, and compilation methods, and measurement issues to consider in deriving financial stocks and flows in financial assets and liabilities.
Explain the FWTW framework and outline the analytical uses of the framework.