1993 SNA Update Information - Application of accrual principles to the debt in arrears |
| Subissue description | | Issue description in [English] | [French] | [Russian] | [Spanish] | | The different statistical manuals do not use the same approach to the time of recording for scheduled debt repayments. Balance of Payments Manual, fifth edition, the External Debt Guide, and Government Finance Statistics Manual use the due-for-payment date
basis involving imputation of transactions that the liability has been repaid and replaced by a short term debt. The 1993 SNA uses an accrual basis involving no imputation of transactions but continuing to show arrears in the same instrument until the liability is
extinguished. If the accrual basis is followed, sub-headings or memorandum items for all or selected arrears might be introduced. |
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| Corresponding papers (Click on icon to see document in either pdf or word format) | | AEG papers: | Posted on 8/15/2005 |  |  | The treatment of nonperforming loans | | | Posted on 12/22/2004 | | | Application of accrual principles to debt arrears | | | | AEG summaries: | Posted on 1/10/2005 | | | Application of accrual principles to debt arrears |
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| Statistics | | Number of AEG recommendations: | 1 | | Number of country comments: | 55 | | Number of expert comments: | none |
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| Corresponding AEG Meetings | | The subissue was discussed at the following meetings: | | December 2004 |
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