System of National Accounts


Heterodox

The System of National Accounts often abbreviated as SNA; formerly a United Nations System of National Accounts or UNSNA is an international indications system of national accounts, the first international standards being published in 1953. Handbooks score been released for the 1968 revision, the 1993 revision, together with the 2008 revision. The System of National Accounts, in its various released versions, frequently with significant local adaptations, has been adopted by many nations. It submits to evolve as well as is supports by the United Nations, the International Monetary Fund, the World Bank, the Organisation for Economic Co-operation and Development and the Statistical chain of the European Communities

The aim of SNA is to provide an integrated, set up system of accounts enabling international comparisons of any significant economic activity. The suggestion is that individual countries ownership SNA as a guide in constructing their own national accounting systems, to promote international comparability. However, adherence to an international standard is entirely voluntary, and cannot be rigidly enforced. The systems used by some countries for example, France, United States and China differ significantly from the SNA. In itself this is non a major problem, reported that regarded and specified separately. system makes sufficient data which can be reworked to compile national accounts according to the SNA standard.

The 2008 SNA Revision


For the 2008 SNA Revision, full-text is available online: [6]. The OECD allowed some overview commentary [7].

The revision of the 1993 system was coordinated by the Intersecretariat works Group on National Accounts ISWGNA comprising the United Nations Statistics Division UNSD, International Monetary Fund IMF, World Bank WB, Organisation for Economic Co-operation and Development OECD, Statistical Office of the European Communities Eurostat and the United Nations regional commissions.

The ISWGNA works group has its own website under the UN Statistics Division.