1. Updating SNA 1993
ISWGNA
(Eurostat, IMF, OECD, UN, World Bank)

2. History SNA 1993 ten years old Robust; stood test of time
New phenomena (stay relevant)
incremental revision too slow, fragmented
UNSC 2003 approves consolidated review
start publish “SNA93 rev 1” 2008

3. Issues - Criteria No fundamental changes New issues in economy
Old issues only if new developments
User demands
Consistency with BoP and GFS
Feasibility

4. Issues - Main examples Pension funds Financial services and insurance
R&D as capital formation
Military durables and consumer durables
Accrual accounting of interest
Intangible assets (license, leases,…)

5. Issues -more examples Employee stock options Non-performing loans
Holding gains with high inflation
Repurchase agreements
BOOT schemes
other smaller issues

6. Technical groups Subjects now studied in technical groups:
Canberra group on non-financial assets
Electronic discussion groups (EDG)
Regional Working Groups (EU, OECD, etc)
Government Accounts Convergence Group
IMF revising BPM in parallel

7. SNA revision process ISWGNA manages and coordinates
Advisory Expert Group
City groups, EDG, regional commissions..
Editor, to draft text
Project manager, day-to-day
Funding

8. Advisory Expert Group Technical decisions 20 experts
based on EDG, Canberra II etc
20 experts
consensus or majority decisions
meet once per year
reports sent to countries for comment.