Chapter 10

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Copyright 2010 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/IrwinChapter10Analysis of Governmental financial Performance Learning ObjectivesAfter studying Chapter 10, you should be able to: Explain the importance of evaluating governmental financial performance Distinguish among and describe key financial performance concepts, such as: financial position financial condition Economic condition 10-2Learning Objectives (Cont d) Explain the relationships among environmental factors, organizational factors, and financial factors in determining governmental financial condition Identify, calculate, and interpret key ratios that measure financial performance Analyze financial performance using government-wide statements Describe how benchmarks can aid financial analysis 10-3 An early warning system of impending financial difficulty can serve to prevent disruption in critical government services Taxpayers now, more than ever, demand better performance from governmental officials Analytical tools have evolved to better track governmental financial performanceWhy Evaluate Governmental financial Performance?

Learning Objectives After studying Chapter 10, you should be able to: Explain the importance of evaluating governmental financial performance

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