Review of compilation guidance
7th Meeting of the
Advisory Expert Group on
National Accounts
23-25 April 2012, New York
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Outline of Presentation
I.
II.
Introduction
Procedure for the development of manuals,
handbooks and guidance notes
Publications by the ISWGNA members
III.
a)
b)
c)
IV.
Completed
In progress
Planned
Issues for discussion
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I. Introduction
•
Development of manuals, handbooks and guidance
notes for the national accounts, and also
recommendations for the compilation of basic
economic statistics.
•
The aim is to provide practical compilation guidance
on basic economic, financial and environmental
statistics as well as to address data quality and
dissemination issues.
•
They will help strengthen the statistical capacity for
compiling national accounts.
•
Responsibilities for the preparation of the
publications are shared among the ISWGNA
members.
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II. Procedure for the development of
manuals, handbooks and guidance notes

Important to coordinate on-going and future efforts.

To support this objective, establishment of a
procedure
–
Issues papers on plans for compilation guides, handbooks
and guidance notes be prepared by the lead organization,
forming the basis for coordination by the ISWGNA.
–
The ISWGNA will review the needs for developing manuals,
handbooks and guidance notes in consultation with the
AEG.
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II. Procedure for the development of
manuals, handbooks and guidance notes



Proposal: to follow a similar procedure as the
treatment of the SNA research issues.
Issues paper on a suggested topic to be
submitted to the ISWGNA.
The level of involvement by the ISWGNA and
AEG will depend:
a. Updates of previous publications and those that deal
with issues beyond dispute (i.e. following the SNA
exactly) are brought to the attention of the ISWGNA
for information;
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II. Procedure for the development of
manuals, handbooks and guidance notes
b. For publications that deal with clarifications and
interpretations of the SNA:

Participation of a review or expert group in the development
of the material is required.

Interpretations and clarifications need to be resolved
according to the update procedures of the SNA before it can
be used in the publication

Final draft to be circulated for global review for a period of 60
days before it is finalised for publication to ensure the
transparency and the participation of the global statistical
community.
c. In all cases, the need and priority of the relevant
guidance, including the level of cooperation and
coordination, may be discussed in more detail.
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III. Publications by the ISWGNA members

The ISWGNA has made good progress in
publishing handbooks.

The publications developed by the ISWGNA
are presented in three categories:
(a)
completed publications;
(b)
publications in progress; and
(c)
planned publications.
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Completed publications
(i)
(ii)
(iii)
(iv)
(v)
(vi)
(vii)
Deriving Capital Measures of Intellectual Property
Products (OECD)
Measuring Capital (second edition) (OECD)
Essential SNA: Building the basics (Eurostat)
Guide on Impact of Globalisation on National
Accounts (UNECE)
Practical guide to seasonal adjustment (UNECE)
International Recommendations for Industrial
Statistics 2008 (IRIS 2008)
International Recommendations for Distributive
Trade Statistics 2008 (IRDTS 2008)
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Publications in progress
(i) Handbook on Financial Production, Flows and Stocks in
the SNA (UN/ECB) - global review second half of 2012
The aim of the Handbook is to provide a comprehensive guide on the
compilation of a full set of financial components in the sequence of
integrated economic accounts for all subsectors of the financial
corporations sector, as well as guidance on estimating the financial
services produced by moneylenders in the households sector.
(ii) The 2008 SNA – Concepts in Brief (World Bank) - expected
spring/summer 2012
This publication is an abbreviated version of the full SNA leaving out
aspects that may be less relevant to a small developing country, or, even
if relevant, too resource intensive to attempt implementing.
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Publications in progress
(iii) The 2008 SNA – Compilation in Brief (World Bank) expected spring/summer 2012
This publication gives indications on how to approach the task of
implementing the SNA in a country where resources are strictly limited
yet the demands for a comprehensive set of national accounts exist.
(iv) Guidelines on Integrated Economic Statistics (UNSD) expected end 2012
In recognition to the significance of an integrated approach for
increasing the consistency and coherence of economic statistics to
enhance the quality and analytical value of the information the statistics
contain for short term, annual and benchmark economic statistics and
macroeconomic statistics
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Publications in progress
(v) Guidance, best practices and harmonized principles to
compile and report internationally comparable short-term
statistics
UNSC-coordinated statistical response to the economic and
financial crisis through an ad hoc AEG on short-term
economic statistics.
4 Handbooks - 1st draft end 2012; final for 2013 :
Handbook on Rapid estimates (Eurostat/ UN);
- Handbook on Composite Indicators (Eurostat/UN);
- Handbook on Tendency Surveys (UN/Eurostat); and
- Guide on short-term economic indicators (UN/Eurostat)
-
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Publications in progress
(vi) (Revision to the) Methodological Guide for Developing
Producer Price Indices for Services (OECD/Eurostat)
Guidance for the development of producer price indices for all types of
users; includes a number of additional activities/products not covered in
the original Guide. Complements the PPI Manual.
(vii) Residential Property Price Indices Handbook (Eurostat)
Designed to provide practical guidance on the compilation of house price
indices, both in developed and less developed countries, and to increase
international comparability of residential property price indices.
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Publications in progress
(viii) International Recommendations for the Index of
Industrial Production (Revised) (UNSD)
This revision of the 1950 Index Numbers of Industrial Production
manual provides guidance and describes new recommended
methodological standards for the compilation of index numbers of
industrial production.
(ix) Government Finance Statistics Manual 2001 (update)
(IMF)
(x) Monetary and Financial Statistics Manual and
Compilation Guide (revision) (IMF)
These 2 IMF Manuals will be updated in light of the 2008 SNA and the
BPM6.
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Planned publications
(xi) Handbook on Input Output Compilation (UN)
Revision to 1999 UNSD handbook (UNIO) with the purpose to (a)
incorporate changes in the underlying international accounting
standards and classifications, (b) extend the scope of UNIO, and (c)
provide practical compilation guidance for countries.
(xii) Handbook on Statistical Registers (UNECE)
Aims to provide guidance on issues concerned with the creation and
maintenance of a statistical business register, response burden, use of
administrative data sources and the role of business registers in
streamlining the statistical production that are relevant for developed as
well as developing statistical systems.
(xiii) Guide on Global Production (UNECE)
Aims to provide guidance on the unresolved conceptual issues arising
from the 2008 SNA and the BPM6 in relation to global production and
to provide further guidance on implementation aspects of these new
global standards.
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Planned publications
(xiv) Quarterly National Accounts Manual (IMF)
- Expected end 2014
Update to the 2001 IMF Manual, to bring it in line with the 2008 SNA. It
discusses data sources for the production, expenditure and the income
approaches. It provides guidance and recommendations on statistical
techniques such as benchmarking, seasonal adjustment and chainlinking.
(xv) 2008 SNA in all UN language versions
-Chinese
and Russian versions available on the UNSD website. It is
foreseen that these versions will be published in print later in 2012.
-Draft Spanish version available on the website of ECLAC, still being
reviewed.
-Draft Arabic version provided to UNSD; should soon be available on
the UNSD website.
-French version still under development.
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IV. Issues for discussion
The AEG is requested to:
a) Provide guidance on the rules of procedure for the
development of manuals, handbooks and guidance
notes;
b) Express views on the publications in progress;
c) Express views on the planned publications; and
d) Propose other topics for the development of
manuals, handbooks and guidance notes on
national accounts and supporting economic
statistics.
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Thank you
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