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Government Finance Statistics (GFS)

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Apply online by April 16, 2018
Course No.: JV 18.23
Location: Vienna, Austria
Date: August 6, 2018-August 17, 2018 (2 Weeks)
Language: English (Russian)

Target Audience:

Officials whose main responsibility is compiling public finance statistics.

Qualifications:

Participants should have a degree in economics or statistics or equivalent experience.

Course Description:

This course, presented by the IMF Statistics Department, focuses on both the conceptual framework of government finance statistics (GFS) as presented in the IMF’s Government Finance Statistics Manual 2014 (GFSM 2014, the update of the 2001 edition), and on practical aspects of data compilation. Basic concepts, accounting principles, and detailed classifications are dealt with in the context of the new methodology, which is harmonized with the system of national accounts. The course examines GFS coverage and accounting rules (including accrual accounting), valuation, classification, debt, balance sheets, and the sources and methods used for compiling the statistics. It also deals with reporting data to the IMF. Central to the course is a series of case studies.

Course Objectives:

Upon completion of the course, participants should be able to:

  • Explain the basic concepts, definitions, and accounting principles in the integrated GFS framework.
  • Classify basic government flows and stock positions according to GFSM 2014.
  • Apply the general principles to classify an entity in the public sector and in relevant subsectors, such as the general government and public corporations.

Important Note for Online Courses:

For Online Learning (OL) courses, which are delivered through the edX platform, you will need an additional piece of information to register: you will be prompted for your edX.org username. If you do not already have a username, please go to https://courses.edx.org/register and sign up for a free account. Once you have created an account, you may complete the IMF Institute application. If you already have an edX account, your username can be found on the top right of the screen after logging in.

Important Note for Internal Economics Training Courses:

Internal Economics Training (IT) courses are self-financed. The IMF will not charge officials for attending courses. However, all travel, insurance, hotel, and living costs will need to be covered by the agency sponsoring the participants.