ABSTRACT
The ‘Balance Sheet’ on page 18 was actually prepared by Chinese executives in China during a training programme. It is an accounting fruit salad and it does not balance!
1. Hand out the ‘Balance Sheet’. 2. Explain to the participants that they have to produce a correct and bal-
anced balance sheet in the most appropriate format. Which items should be taken out of the Chinese effort? Which items should be included from the list in the notes? What other amendments should be made?
