accounts produced by the Office for National Statistics in accordance with the European System of Accounts 95, which allows for a standardisation in the way in which public sector income and expenditure is measured.
major accounts which are sometimes served by a separate sales force because of their importance. Account specialists try to meet their special needs and to develop close relationships with key personnel. Also referred to as Direct Accounts and House Accounts.
A set of statistics measuring the performance of the various sectors of the economy.
Figures published annually in the Commonwealth Budget summarising income and expenditure for the economy as a whole and for various industry sectors. National account figures form part of the basis for calculating Gross Domestic Product.
18 Large group accounts that have employees in more than one geographic area that are covered through a single national contract for health coverage. Contrast with large local groups.
A summary of income and expenditure for the economy as a whole and for different industry sectors released annually in the Commonwealth Budget.
The bookkeeping for the country as a whole. The accounts have breakdowns of income and expenditures. On the income side, the broad categories include wages and salaries, corporate profits, interest, investment gains and taxes. Major spending categories include consumer purchases of goods and services, business investment and government buying. On the spending side there are adjustments for changes in inventories and a net calculation of imports minus exports.
National accounts or National Account Systems (NAS) are statistical surveys designed to provide a systematic summary of aggregate national economic activity based on accounting principles. National accounts provide measures of national income and output as well as measures of stocks and flows of capital. Typical systems of national accounts includes national income and product accounts, financial accounts, national balance sheets, input-output tables and external transaction accounts.
