Virtual : National Accounts Statistics

Source details

Qualifications:
- Participants are expected to possess a degree in accounting, the social sciences, or a related field and/or have relevant work experience.
- Participants should have proficiency in Microsoft EXCEL and WORD.
Target audience:
- Government officials integrally involved in the compilation of national accounts statistics.
- Users within Central Banks, Finance and Economic Planning who would benefit from knowledge of concepts, principles, sources, and methods used to compile National Accounts Statistics.
- Applicable for relatively new officials in the area of National Accounts due to the training's broad-based nature.

Based on: System of National Accounts 2008 Manual (2008 SNA).
Course coverage:
- National accounts concepts, methods, and framework.
- Estimating Gross Domestic Product using the expenditure and production approach.
- Interpretation of National Accounts Statistics.
- Price and volume measures.
Instructional methods:
- Interactive lectures and hands-on exercises to enable operationalization of learned material.
Main lectures and workshops:
- (i) Overview of the System of National Accounts,
- (ii) Production accounts: measurement of output; intermediate consumption, and value added (gross domestic product (GDP),
- (iii) Gross Domestic Product by Expenditure,
- (iv) The sequence of accounts from the production account to balance sheets and
- (v) Preparation of GDP volume measures: double deflation; and volume extrapolation;

Upon completion participants should be able to:
- Describe fundamental aspects of a national accounts statistical system that is highly aligned with the international standard.
- Demonstrate an understanding of the three approaches to estimating gross domestic product (GDP): production, expenditure and income.
- Compile and interpret GDP volume measures using double deflation, volume extrapolation and single extrapolation.