European system of accountancy

The European system of national accounting is a system of accountancy which gets a countable framework common to the countries of the European Union, and allows a thorough harmonization their national accountings.

This new plan was adopted in 1995 (SEC 95). It very largely reproduces a system prepared under the aegis of UNO, of which all the Member States must be inspired.

The adoption of SEC 95 is the occasion of the installation of a new base of accounts, i.e. of a revision of the whole of the evaluations. At the same time, a nomenclature of activities and products renovated were introduced. The principal modification relates to the services, which are described in a greater detail.

The first accounts according to the new base are available since April 1999. Work is in hand to specify the bases of account.

Operations

Operations on goods and services

They are flows coming from the production and the circulation of goods and services between agents resident and/or agents not residents.

When these operations utilize the rest of the world (non-residents), one speaks:

  • of imports: http://forum.europa.eu.int/irc/dsis/coded/info/data/coded/fr/gl001004.htm
  • and of Export S: http://forum.europa.eu.int/irc/dsis/coded/info/data/coded/fr/gl001005.htm

This type of operations carries in particular on the Gross fixed capital formation (GFCF), which includes the Intangible fixed assets, including the Logiciel S.

Operations of distribution

In fact the operations describe the circulation of the Added-value created by the producing S.

Accounts

Accounts of the institutional sectors

See also: institutional Sectors

These accounts are worked out for each of the six institutional sectors. It will be noted that the Gross fixed capital formation (GFCF) henceforth integrates the Intangible assets , which correspond to the immaterial Capital.

Accounts of synthesis

The accounts of synthesis are:

  • the table of the integrated economic accounts (CEI)
  • the table of the financial transactions
  • the table of the entries and the exits

Aggregates

The Gross domestic product

August 1st

Rough National revenue

August 1st

See too

External bonds

  • the European system of accountancy http://www.lyc-arsonval-brive.ac-limoges.fr/secosoc/article.php3?id_article=1

  • Glossary of the European statistics Eurostat http://forum.europa.eu.int/irc/dsis/coded/info/data/coded/fr/all.htm
  • Definitions of Plane INSEE
http://www.insee.fr/fr/nom_def_met/definitions/html/accueil.htm #
  • of accounts general (France)
http://www.plancomptable.com/titre-IV/liste_des_comptes_sd.htm

Random links:Nakło nad Notecią | Edwin S. Porter | Lennik | Languages Vietnamese soldier-muong | Georges Calzant | Parc_national_de_Manú