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The Monetary and Financial Statistics Manual and Compilation Guide (MFSMCG) applies the 2008 System of National Accounts standards to the depository corporations subsector and other financial corporations subsectors to construct aggregated balance sheets and analytical surveys for the financial corporations sector and its subsectors. It provides detailed descriptions of institutional units and financial corporations subsectors, financial instruments, and methods of accounting for financial stocks and flows for the financial corporations sector. The standards are also applied to the compilation and presentation of flow of funds and related stock data for the financial corporations sector, and to the compilation of a balance sheet approach matrix.

The MFSMCG reflects the methodological and classification updates included in the 2008 System of National Accounts. It is also harmonized with the principles of the sixth edition of the Balance of Payments and International Investment Position Manual and the Government Finance Statistics Manual 2014.

The MFSMCG is available online at the IMF’s website (, with its hard copy being published in January 2018.

International application: Over 160 countries and territories follow the recommendations of the MFSMCG in compiling monetary and financial statistics and report them to the IMF using the standardized report forms promoted by the MFSMCG.

Assessment Methodology

View the Assessment Methodology

The generic Data Quality Assessment Framework (DQAF) May 2012 serves as an umbrella for seven dataset-specific frameworks. The current May 2012 version of the DQAF is an update of the July 2003 version of the DQAF to reflect experience and international statistical developments, particularly updated international methodological standards.