ABSTRACT
To illustrate the way in which the financial statement used in business may be adapted to the requirements of international finance, this chapter will present a sample statement summarizing the hypothetical accounts of any given country. The purpose is to show in a concrete way the relationship existing between the various separate reports that make up the complete statement, rather than to urge the advantages to be gained by any particular arrangement of items within the several reports. In the discussion of the statement, some general questions of definition are raised for consideration. A survey of the data now available for compiling such statements is left to Chapter VIII.
