Interpreting Local Government Financial Statements
Source: Stephen J. Gauthier, Government Finance Review, Vol. 23 no. 3, June 2007
The published financial report of a local government provides a wealth of information to anyone with an interest in the government’s economic condition. Taking advantage of this information, however, poses a real challenge to many users of these reports. This article aims at helping potential users of local government financial statements to meet this challenge.