The possibility of using financial analysis in government units under the GFS system
Journal Title: International Journal of Academic Research in Accounting, Finance and Management Sciences - Year 2018, Vol 8, Issue 1
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
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