Third Intermediate-level e-Learning Course on System of National Accounts

Course at a Glance

Sessions: 12 May - 11 July 2014 (9 weeks long) Log on
Workload: 4-6 hours/week
Taught In: English
* Participation in this course is by invitation.
About the course

This course is intended to increase knowledge on the 2008 System of National Accounts (SNA2008) of junior and middle-level government statisticians with experience and basic knowledge in the compilation of national accounts statistics and its source data. It gives special attention to changes in the national accounts framework introduced in the SNA 2008. This online course will be conducted over a period of nine weeks. Learning materials including assignments will be posted on the course website. The course lecturers will respond to queries and problems that participants encounter in their learning. Lecturers will grade assignments and provide feedback to participants.

Course Objectives

To provide a detailed description and underlying principles of the structure and content of the sequence of accounts of the SNA, with emphasis on compilation and measurement of key national accounts aggregates. This course is designed for junior- and mid-level government statisticians who are well versed on the basic concepts of the SNA at levels of previous SNA basic e-learning courses conducted by SIAP. Those with substantial experience in compiling national accounts may find this course useful for updating their knowledge on the SNA 2008.

Pre-requisites

Experience in the compilation of national accounts statistics is a key factor to participate in this course. Participants must have prior knowledge of the SNA 2008 at the level offered in the SIAP SNA basic courses.

Assessment

Three assignments will be given to participants that will constitute 40% of the final grade. A 75 minute final test will be administered at the end of the course that will constitute 60% of the total grade. A certificate of completion will be awarded to course participants who obtain an overall grade of at least 80%.

Lesson Number Lesson Lesson Objectives

I

  • Review of Basic SNA Concepts
  • Revisits the SNA as a general framework for all economic statistics. The main objective of this lesson is to prepare participants for the substantive lessons of the entire course. 

II

  • Major Changes in SNA 2008
  • Outlines changes between the 1993 SNA and the 2008 SNA. The main objective of the session is to explain new features of the SNA 2008 and their implications to national accounts compilation.

III

  • Double Entry Accounting for National Accounts
  • Describes key institutional sectors such as government households, financial and non-financial corporations, non-profit institutions serving households and their activities. The main objective of the lesson is to describe and classify all institutional sectors including relationships with industries using SNA principles. It introduces concepts of establishments and classifications used in the SNA and discusses institutional sectors and their relationships with industries using SNA principles.

IV

  • Integrated System of Transaction Accounts
  • Introduces concepts of transactions, their measurement, and valuation within the structure of the SNA. A key lesson objective is to explain valuation principles and scope of transactions relating to production and income.
V
  • Production and Generation of Income Accounts
  • The main objective of the lesson is to demonstrate linkages between production and income accounts within the SNA framework.

VI

Distribution and Use of Income Accounts: Main entries & data needs
  • An outline of income accounts as part of the SNA integrated system of accounts is presented. The main lesson objective is to discuss the process of income distribution and use following its generation from production process as presented in lesson V.

VII

Expenditure Components of GDP
  • This lesson introduces the expenditure approach of compiling GDP. The main objective is to compile GDP using expenditure approach. Components of expenditure and their data sources will be identified for use in GDP compilation using key SNA 2008 principles

VIII

Domestic Economy and External Transactions
  • The objective of the lesson is to discuss structure and relationships between residential units and the external sector of an economic system within the framework of the SNA. Focus of this lesson is on the interaction between resident units & groupings, and how they transact with the rest of the world.

IX

Capital and Financial Accounts: Main entries & data needs
  • The main lesson objective is to identify and discuss financial and non-financial assets held by institutional units. Principles of asset valuation are analysed in this lesson on the basis of the SNA 2008.

X

Price and Volume Measures
  • The objective of the lesson is to apply concepts of price indices and volume indicators to compile constant price series national accounts aggregates.