Institutional Sector Accounts

Welcome to the Institutional Sector Accounts course, presented by presented by the Institute for Capacity Development and the Statistics Department of the International Monetary Fund (IMF). This course 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 the fundamental concepts, methodologies, and importance of these accounts in analyzing economic activities. In this course, you'll explore the sequence of accounts and the various institutional sectors. We will dive into how the SNA tracks production and income across different sectors of the economy. Additionally, you will learn how to compile transactions and positions in both financial assets, nonfinancial assets and liabilities, as well as how to record changes in asset values. 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.

• 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.

• NASx online course (optional)