This was what we had to complete over four week which needs to be included in the powerpoint.
Part 1:Write an analysis discussing the unique elements of governmental accounting in addition to how ratios can be used to analyze government wide financial statements. Include at least 5 ratios as examples in your summary.
Part 2: You will analyze the government-wide financial statements for the City of Arborland for a 3 year period. Use Exercise 10-21 on page 451 in your textbook as a guide. You will find the Statements of Net Position and Statements of Activities for FY 2021, 2022, and 2023 on pages 452-455. You will complete parts a & b of Exercise 10-21 using the Excel template found above. Parts a & b require you to calculate financial ratios for FY 2021, 2022, and 2023. Prepare your ratios in a presentable spreadsheet that will be included with your paper in week 3 and in your presentation in week 4.
Part 3: Provide an overall assessment of the city’s financial condition, based on Part 2 above, to the City Commissioner using the information provided, both financial and non-financial. Be sure to reference how GASB standards are reflected in the financial statements and what role GASB plays in the financial reporting process. Your paper should be 2-3 pages in length and follow APA guidelines.
Part 4: Present your project to the class for discussion.
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