The possibility of using financial analysis in government units under the GFS system

Abstract

The study addressed the possibility of using financial analysis in governmental units in a system of government finance statistics. The problem stems from the study of privacy the Government activities and the impact on performance measurement and evaluation process, and expressing the problem study key question: can I use financial analysis tools and techniques to develop financial indicators of government financial statements so that they can be relied upon as quantitative indicators? And the embranchment that many questions. Research is important in that it covers aside his researchers rarely addressed is using financial analysis as a tool for assessing government performance. In order to achieve the objectives of the study were using inductive and deductive reasoning based curricula as. Literature was also addressed government finance statistics system. Int adopted some financial statements are available from the Ministry of finance and national economy of the Republic of Sudan for several periods, and it is a financial analysis drawing on IMF guidelines regarding financial statements presentation. Int reached many conclusions: there is the possibility to apply the methods of financial analysis in the government units that adoption governmental finance statistics system. Financial analysis contributes to devise financial indicators contribute to taking fiscal policy decisions regarding lending and borrowing. Government financial statements financial analysis provides indicators to measure the operational and financial efficiency of the unit.

Authors and Affiliations

Alfatih Alamin Abdalrahim Elfaki

Keywords

Related Articles

Roles of Foreign Investment of the Banks in Jordan on Local Assets

Jordan was Successful bringing for foreign investment (banks) that gave the facilities to play in economical development, particularly financial performance in lending and savings, so that the local banks (Jordan) has be...

Determining Effective Factors on Adopting and Not Adopting Methods of Environmental Management Accounting

This research was performed in order to achieve three goals by EMA base including: 1 -Developing theoretical literature of management accounting in Iran by adding EMA to its frame. 2 -Recognizing current accounting meth...

General Methods of Management the Credit Risk

This risks related to the lending activity is one of the most important risks that a financial-banking institution should manage. The improper or ineffective management of this kind of risks can have significant financia...

Effects of Individual Characteristics and Work Related Factors on the Turnover Intention of Accounting Professionals

Employee turnover is very costly for organizations. Apart from costs related to hiring of new employees, loss of experienced personnel may lead to a variety of problems in organizations such as decrease in productivity,...

Analyzing the Effect of Performance Appraisal Errors on Perceived Organizational Justice

The aim of this study was to investigate the relationship between performance appraisal errors and perceived organizational justice. The study took place at North East Railways in Iran. A random sample of 200 employees w...

Download PDF file
  • EP ID EP287567
  • DOI 10.6007/IJARAFMS/v8-i1/3919
  • Views 90
  • Downloads 0

How To Cite

Alfatih Alamin Abdalrahim Elfaki (2018). The possibility of using financial analysis in government units under the GFS system. International Journal of Academic Research in Accounting, Finance and Management Sciences, 8(1), 81-90. https://europub.co.uk/articles/-A-287567