Translation of Financial Statements into Statistics

Sep 20 – 24, 2021 Online Learning Campus No Fee

Sep 13, 2021

English

Understanding macroeconomic statistics is vital in the process of designing and monitoring the implementation of different policies. At this event, we will enhance the understanding of the relation between accounting and national accounts’ concepts and provide practical guidance into translating financial statements into the System of National Accounts 2008 (SNA 2008) / European System of Accounts 2010 (ESA 10). Participants will gain high-level knowledge on general accounting standards and SNA 2008/ ESA 2010 and how these standards relate.

About this learning event

This online course will discuss features of financial statements for different financial and nonfinancial sector institutions (like banks, pension funds, public sector corporations, construction companies, etc.) and participants will complete a compilation exercise during the workshop to compile statistics from a sample set of financial statements.

Compilers can benefit by learning about linking the components of financial statements to the National Accounts framework. This will include classification and reconciliation techniques and will also address practical tips on addressing complications. Furthermore, users of macroeconomic statistics can benefit when trying to holistically incorporate economy/sector-dominant corporations into macroeconomic analysis and designing policies for the development and stability of the financial sector.

Who should attend

This online course is designed for the compilers and analysts working at:

National Statistical Offices
Central Banks
Ministries of Finance
Independent research institutes

Faculty

The course will be delivered by:

Deon Tanzer, CEF Affiliated Expert and International Expert in GFS and Macroeconomic Issues
Philip Stokoe, Senior Economist, International Monetary Fund (IMF)
John Verrinder, Head of Unit for Macro-economic statistics, Eurostat

Practical information

Applications are to be submitted by September 13, 2021.

Experts and participants will meet during five webinars scheduled for:

Monday, September 20, 2021 between 13:00 – 16:00 CEST
Tuesday, September 21, 2021 between 13:00 – 16:00 CEST
Wednesday, September 22, 2021 between 13:00 – 16:00 CEST
Thursday, September 23, 2021 between 13:00 – 16:00 CEST
Friday, September 24, 2021 between 13:00 – 16:00 CEST

Each webinar will have approximately a break of 15 minutes in between.

The course will be delivered in English and will use Webex video conferencing software to allow participants to connect to the event using their office or home computers and smartphones.