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Reviewing the methods and approaches of the UK National Accounts
Following a review of UK national accounts methods as part of a reengineering project, recommendations for changes to methods have been made.
The Office for National Statistics has initiated a re-engineering project with the aims of reducing processing risks and improving the quality of the UK's National Accounts. A review of the methods used to compile the UK's National Accounts was commissioned from David Caplan, the head of National Accounts co-ordination at the ONS. He carried out an evaluation of different methods and approaches to compiling the National Accounts, with reference to documented methods and informal discussions with other National Statistical Institutes. This led to a series of recommendations for UK National Accounts methods.The recommendations have implications for further methods development, revisions management and the effective communication of changes to National Accounts users. This article summarises the review and recommendations before outlining the implications of these recommendations from the perspective of a National Accounts user.
Published in web format: 15 January 2004 at 9:30 am
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