The United States of America: An Annual Report Compilation, 2020

This technical note provides a compiled 2020 annual report for the United States of America, consolidated for the public and private sectors. It includes financial statements, accompanying notes, discussion and analysis, and a summary of risk factors. An introductory section specifies the report’s overarching purpose, as well as describing the role of accounting more generally for any defined entity. This annual report is designed to enable access to objective and transparent financial information about the United States within a single document. It can serve as a bridge to a candid and complete conversation about the nation’s economic and financial condition. The summary is a descriptive work, not theoretical. To increase accessibility, effort was made where possible to present and describe information in layman’s terms and language.