June 17 to 28, 2024

From June 17 to 28, 2024, the CICDC course on Institutional Sector Accounts—Advanced (ISA-A), jointly organized with the People’s Bank of China (PBC), took place in Shenzhen. 45 participants from the People’s Bank of China and its local branches participated in the course.

This course was delivered by counselors from the IMF’s Statistics Department. It covers advanced methodological and practical issues related to the compilation of the sequence of accounts of the SNA (current and capital accounts, financial accounts, other changes in volume of assets accounts, revaluation accounts, and balance sheets) by institutional sectors. The course also examines the linkages between institutional sectors as a basis for establishing from-whom-to-whom accounts. The course consists of lectures covering conceptual and methodological issues, workshops sessions on practical compilation issues, and discussions on emerging financial issues such as fintech and crypto assets. The lectures provide a thorough review of the methodological framework, concepts, and definitions relating to sectoral institutional sector accounts and balance sheets, examine potential data sources for the compilation of annual and quarterly ISA and illustrate possible compilation techniques and procedures. The course also provides a forum for participants to share country practices and experiences relating to the compilation of sectoral institutional accounts and balance sheets. The course was well received by the participants.

Mr. Dominique Desruelle, ICD Director, Ms. Michaela Erbenová, ICD Deputy Director, and Mr. Hui He, CICDC Director visited the course during their mission in Shenzhen. They had a chance to talk to course participants and IMF counselors and had a social dinner with them.