Institutional Sector Accounts (ISAx)

Source details

The course is 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.
Emphasizes fundamental concepts, methodologies, and the significance of institutional sector accounts in analyzing economic phenomenon.
Focus areas include the SNA framework, accounting principles, key macroeconomic aggregates, institutional sectors, and compilation of transactions and positions in both financial and nonfinancial assets and liabilities.
Course objective: equip participants to contribute to informed economic decision-making and enhance expertise in institutional sector accounts.

Target Audience:
- 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.

System of National Accounts framework, the accounting principles, and the key macroeconomic aggregates that underpin the framework.
Institutional sectors and classification of institutional units to sectors.
Compilation of transactions and positions in both financial and nonfinancial assets, and liabilities.
Classification and recording of changes in assets and liabilities.
Emphasis on:
- Stocks and flows of non-financial assets, compilation methods and key data sources.
- Main financial instruments, data sources, compilation methods, and measurement issues to consider in deriving financial stocks and flows in financial assets and liabilities.
- The FWTW framework and its analytical uses.

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.