ABSTRACT
None of the economists and statisticians who first conceived the structure of each of the existing social accounting systems intended to measure all the economic and financial aspects of an economy. They each made extraordinary contributions to all inclusive and self sustained accounting frameworks for a major aspect of economic or financial activity in the economy within a certain period of time. It must be remembered that social accounting systems, probably more than any other statistical compilation, are used by a great number of private and public institutions, social organizations, and government authorities. Neither in theory nor in practice is there a close relationship between flow of funds statements and input-output tables. Indeed these two aspects of a comprehensive national accounting system are about as far removed conceptually and statistically as is possible within that system. The flow of funds statement emphasises financial flows and collects all its data on an enterprise data.
