Compiling Public Sector Balance Sheets (PSBS)
This one-week course will cover theoretical and practical issues related to the compilation of sectoral accounts (current and capital accounts, financial accounts, other changes in volume of assets accounts, and revaluation accounts) and balance sheets according to institutional sectors. The aim of the course is to provide participants with the necessary skills to compile the sectoral accounts and the balance sheets. The course consists of lectures covering conceptual and methodological issues as well as exercises that require the application of these concepts and that highlight practical compilation issues. The lectures provide a thorough review of the methodological framework, concepts, and definitions relating to sectoral accounts and balance sheets, including accounting rules, valuation, institutional units and sectors, and residency. The course will also outline potential data sources for their compilation and illustrate recommended compilation techniques and procedures.
Target Audience
The workshop is intended for officials employed in national statistical agencies and central banks, who are integrally involved in the compilation of national accounts and financial accounts statistics.
Qualifications
Participants are expected to possess a degree in economics or statistics; or equivalent experience.
Course Objectives
Upon completion of this workshop, participants should be able to:
- Describe fundamental aspects of sectoral accounts that is highly aligned with the international standard.
- Describe the relationship between statistical units and institutional sectors.
- Know the linkages between the sequence of accounts and the main economic statistics calculated for each account.
- Understand the methodology and data sources required to compile sectoral accounts.
- Apply the acquired knowledge on concepts and methodology to identify data gaps as well as strengths and weaknesses in existing data.
- Explain to policymakers the importance and relevance of compiling sectoral accounts and balance sheets for the analysis of macro-prudential developments.
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