SNA ADVISORY EXPERT GROUP (Bangkok, July 2005)

Slides:

Advertisements

Similar presentations

Granting and activation of guarantees in an updated SNA.

Advertisements

Retained earnings of Mutual funds SNA review issue 42.

1 The treatment of holding gains/losses in the estimates of investment income attributable to insurance policyholders and pension beneficiaries Advisory.

Government Finance Statistics in National Accounts John Verrinder Unit C5 – Validation of public accounts.

1 Task Force on Harmonization of Public Sector Accounting Private/Public/Government Sector Delineation SNA Advisory Expert Group Bangkok, July 2005.

March 2007 AEG meeting Chapter 13 Main substantive comments.

McGraw-Hill/Irwin Copyright © 2006 by The McGraw-Hill Companies, Inc. All rights reserved Chapter Twelve: Income and Changes in Retained Earnings.

© 2004 The McGraw-Hill Companies McGraw-Hill/Irwin Name of entity 2. Title of statement 3. Specific date 4. Unit of measure The Balance Sheet reports.

12-1 PowerPoint Authors: Susan Coomer Galbreath, Ph.D., CPA Charles W. Caldwell, D.B.A., CMA Jon A. Booker, Ph.D., CPA, CIA Cynthia J. Rooney, Ph.D., CPA.

Financial Decisions: Managing Financial Resources Mike’s Bikes Part III due Wednesday March 21 st in-class Mike’s Bikes Part II returned at the end of.

1 Treatment of holding gains/losses in estimates of investment income attributable to insurance policyholders and pension beneficiaries 9 th meeting of.

© 2005 Clancy & Company LLP All rights reserved Purpose of Seminar Outline  Outline Structure  Showcase performance of previous Funds  Give status.

Copyright 2010, The World Bank Group. All Rights Reserved. 1 OTHER ECONOMIC FLOWS GOVERNMENT FINANCE STATISTICS Part 1 This lecture describes flows other.

-1- INTERNATIONAL MONETARY FUN D INTERNATIONAL MONETARY FUN D Tax Revenues Uncollectible Taxes Tax Credits Adriaan Bloem Assistant Director Real Sector.

Advisory Expert Group Meeting, 30 January – 8 February 2006 Asset boundary of non-produced intangible assets (29) Other intangible fixed assets (13)

BALANCE OF PAYMENTS. Definition an accounting record of transactions concluded between all domestic and foreign entities (individuals, businesses, government.

Reporting and Interpreting Investments in Other Corporations Chapter 12 McGraw-Hill/Irwin © 2009 The McGraw-Hill Companies, Inc.

1 1 Task Force on Harmonisation of Public Sector Accounting Progress Report OECD Working Party on National Accounts (Paris, 12 October 2005)

© 2014 Cengage Learning. All Rights Reserved. Learning Objectives © 2014 Cengage Learning. All Rights Reserved. LO7 Explain the relationship between retained.

Types of trade  Getting started P160 i. Visible trade = international trade in goods → balance of trade or visible balance = visible exports (X) – visible.

Università Bocconi, A.A: Mec – Comparative public economics 1 Università Bocconi A.A Comparative public economics Giampaolo Arachi.

Outcomes of Meeting of IMF Committee on Balance of Payments Statistics, June 27 – July 1, 2005.

Copyright 2010, The World Bank Group. All Rights Reserved. 1 GOVERNMENT FINANCE STATISTICS INTRODUCTION TO GOVERNMENT FINANCE STATISTICS Part 2 This lecture.

The SNA Long-Term Research Agenda AEG Meeting March 2007.

1 Task Force on Harmonization of Public Sector Accounting Guarantee SNA Advisory Expert Group Bangkok, July 2005.

 The balance of payments is an accounting record of the money value of trade (goods and services) between Australia and the rest of the world.  Money.

Task Force on Harmonization of Public Sector Accounting Chapter on Government and Public Sectors SNA Advisory Expert Group Bangkok, July 2005.

Fees on Securities Lending and Reversible Gold Transactions Not covered in 1993 SNA.

© The McGraw-Hill Companies, Inc., 2002 Slide 16-1 McGraw-Hill/Irwin 16 Long-Term Investments and International Transactions.

PowerPoint Authors: Susan Coomer Galbreath, Ph.D., CPA Charles W Caldwell, D.B.A., CMA Jon A. Booker, Ph.D., CPA, CIA Cynthia J. Rooney, Ph.D., CPA APPENDIX.

PUBLIC/PRIVATE SECTOR DELINEATION and GOVERNMENT TRANSACTIONS WITH PUBLIC CORPORATIONS UNSD/NA/MR1 UN STATISTICS DIVISION Economic Statistics Branch National.

© 2014 Cengage Learning. All Rights Reserved. Learning Objective © 2014 Cengage Learning. All Rights Reserved. LO5 Prepare a statement of cash flows for.

Task Force on Harmonisation of Public Sector Accounting Progress Report OECD Working Party on National Accounts (Paris, 13 October 2004)

Retained Earnings of Mutual Funds. Current treatment Direct foreign investment, insurance and pension funds: cases where imputation is made for retained.

Balance of Payments A measure of the transactions between United Kingdom residents and the rest of the world.

Government Transactions with Public Corporations (earnings and funding) (issue 34) UNSD/NA/GS 1 UN STATISTICS DIVISION Economic Statistics Branch National.

WATER & SEWER ENTERPRISE FUNDS. Criteria for Rates  Overall Goal – to set rates to recover costs & avoid significant fluctuations Criteria: o Project.

Employer retirement pension schemes

Investments and Fair Value Accounting

© 2008 The McGraw-Hill Companies, Inc., All Rights Reserved.

Benson Sim United Nations Statistics Division

Benson Sim United Nations Statistics Division

Chapter 7: The Distribution of Income Accounts

Tax Shelter & Cash Flow Benefits: 5-Year 200% Declining Balance Depreciation for a $100 million “wind farm” Deduction from Otherwise Taxable Income Reduction.

© 2015 Cengage Learning. All Rights Reserved.

Philippe de Rougemont (Eurostat-C.3)

ACC 205 Possible-Is- Everything/snaptutorial.com

TFHPSA Working Group 2 – Item 1

Deglobalised GDP etc Michael Connolly

BUSINESS HIGH SCHOOL-ACCOUNTING I

Results of AEG e-Discussion On RETAINED EARNINGS OF MUTUAL FUNDS, INSURANCE CORPORATIONS AND PENSION FUNDS UN STATISTICS DIVISION Economic Statistics.

© 2014 Cengage Learning. All Rights Reserved.

Outcome of AEG Consultation on the Treatment of Negative Interest Rates Eleventh Meeting of the Advisory Expert Group on National Accounts New York 5-7.

SNA ADVISORY EXPERT GROUP (Bangkok, July 2005)

SNA ADVISORY EXPERT GROUP (Bangkok, July 2005)

Review of SNA research agenda

Adriaan Bloem, IMF John Ruser, BEA Co-chairs

LESSON 14-1 Distributing Corporate Earnings to Stockholders

Financial derivatives: swaps

© 2014 Cengage Learning. All Rights Reserved.

Guarantees: Activation

EDP Tables Ch EDP Tables 2 (A-D)

Chapter 11.8 Dividends GFS / EDP course 2014.

Accounting BBI2O.

LESSON 11-3 Accounting for the Declaration and Payment of a Dividend

Investments and Fair Value Accounting

© 2014 Cengage Learning. All Rights Reserved.

Item III.12: Super Dividends

Simpson Company experienced the following events during Year 1.

Presentation transcript:

SNA ADVISORY EXPERT GROUP (Bangkok, July 2005) Capital injections and superdividends, Reinvested earnings (issue 34) TFHPSA 1/18/2019

Capital injections and superdividends, Reinvested earnings Recording transactions between the government and public corporations is a challenge to the SNA In practice, SNA 1993 recommendations have appeared to be not sufficiently prescriptive In particular, there are no criteria to record capital injections or super-dividends 1/18/2019

Capital injections and superdividends, Reinvested earnings Capital injections and super-dividends are part of one-off transactions, and may be: of very significant amounts subject to manipulations (timing etc.) of large impact on government deficit and debt 1/18/2019

Capital injections and superdividends, Reinvested earnings New manuals have attempted to clarify the notions of income, revenue, equity, and the related flows, for the specific case of government: GFS Manual 2001 ESA95 manual on Government Deficit and Debt (EMGDD, part II, 2002) IPSAS Handbook (2003) 1/18/2019

Capital injections and superdividends, Reinvested earnings The TFHPSA has explored the possibility to refer to Reinvested earnings(D.43), currently reserved in SNA for foreign direct investment (§7.120 and §14.152) An alternative approach will also be proposed, based on GFSM2001 and EMGDD recommendations A paper will be submitted to January 2006 AEG 1/18/2019