Accounting conventions

Practical procedures, standards and other aspects used when compiling data from diverse sources under a common methodological framework.

This metadata element refers to descriptions of the types of prices used to value flows and stocks, or other units of measurements used for recording the phenomena being observed; the time of recording of the flows and stocks or the time of recording of other phenomena that are measured, including the reference period employed; and the grossing/netting procedures that are used. Accounting conventions may refer to whether the data are recorded on a cash/accrual or mixed accounting basis, the time of their recording and the reference period (fiscal or calendar year) employed. The description could also include how consistent the practices used are with internationally accepted standards - such as the Balance of Payments Manual or SNA (System of National Accounts) - or good practices.

urn:sdmx:org.sdmx.infomodel.conceptscheme.Concept=SDMX:CROSS_DOMAIN_CONCEPTS(2.0).ACC_CONV

Recommended representation: String