Ompare CAFR for City of Perris 2012 and 2013 and City of Temecula 2013 using ratios

1A br /
A br /
Financial Analysis of a Government or Not-For-Profit Organization (50 points) br /
Required Elements: br /
The following must be included in the research paper: br /
1. Description of the entityas activities br /
2. Description of the industry environment br /
3. Financial analysis over a two-year period (using meaningful ratios) br /
4. Financial comparison to a similar entity for a one year period (using meaningful ratios) br /
5. Discussion on the financial health of the entity (focusing on the areas analyzed) br /
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For example, I will choose to evalualte the City of Sacramento and comparable it to the City of br /
San Diego. In my report, I will discuss the City of Sacramentoas activities and industry br /
environment. I will then have one analysis comparing the ratios calculated from Sacramentoas br /
2012 CAFR to those calculated from Sacramentoas 2011 CAFR. I will then do an additional br /
analysis where I compare the same ratios from the City of San Diegoas 2012 CAFR with the br /
2012 ratios from Sacramentoas CAFR. This will result in three sets of ratios. I will then use br /
those ratios to draw conclusions on the health of the areas that I analyzed. br /
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For governmental entities analysis should include: br /
i · Government-wide level analysis br /
o 3 ratio minimum Governmental Activities br /
i · General Fund analysis br /
o 3 ratio minimum br /
i · One other type of analysis (business-type activities, debt, unfunded liabilities, capital br /
assets, property taxes, etc.) br /
o 2 ratio minimum br /
For not-for profit organizations analysis should include: br /
i · Financial Performance analysis br /
o 3 ratio minimum br /
i · Other Financial Measurements br /
o 3 ratio minimum br /
i · Administrative expense analysis br /
o 2 ratio minimum br /
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Please review the grading rubric at the end of this document. br /
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Expected Analysis: br /
The financial analysis conducted for this paper should include both a qualitative (descriptive) br /
and quantitative (numerical) analysis. The analysis must be thorough and should discuss the br /
results of the ratios and provide an interpretation of the results. Ratios are not meaningful br /
without interpretation and comparison. Generic analysis will not earn a high grade. Do not br /
choose a ratio that cannot be compared to your other entity. The mathematical calculations for all br /
ratios used should be included as an attachment to the paper. This paper should not be a recital br /
of the entityas Managementas Discussion and Analysis section. br /
2A br /
A br /
Submission Requirements: br /
All research papers are due by 11:55pm on May 8, 2014. All papers will be submitted via br /
Turnitin in Cougar Courses. br /
Your assignment must: br /
i · Be a minimum of 5 pages, but no more than 12 pages in length. br /
i · Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins br /
on all sides; any references used must follow APA format. br /
i · Include a cover page containing the tile of the assignment, the studentas name, the br /
professoras name, the course title, and the date. State the entity name and reporting br /
periods covered in your report, such as a?City of Sacramento, Fiscal Years 2012 and br /
2011a? br /
i · Include a reference page, if any additional references were used. br /
i · Include an attachment detailing the calculations for the ratios used during analysis. br /
i · The cover page, ratio page, and the reference page are not included in the required page br /
length. 3A br /
A br /
Criteria Points br /
availablebr /
Percent of br /
Totalbr /
Include a description of the services provided by the entity. br /
Also, any additional areas that appear pertinent to your br / /
Describe the economic environment in which your entity br /
operates (Example: Is it a City focused on tourism or industry? br /
Or a Not For Profit that relies heavily on individual donations). br /
Also discuss the state of the industry surrounding the entity for br /
the years in which the financial statements were issued. br /
Consider the overall economic environment during that time br /
period and any other factors that may have impacted the entity br /
during that time. br /
Analysis should include both quantitative factors and qualitative br /
factors. The use ratios is expected and should be calculated br /
for both fiscal years analyzed. There should be thoughtful and br /
through analysis of the figures presented. The calculations for br /
all ratios used should be included as an attachment to the br /
paper. br /
The analysis should consider the entitys financial position, br /
financial performance, and financial /
Compare the chosen entity against a similar entity for the most br /
recent fiscal year. The use of ratios is expected. There should br /
be thoughtful and through analysis of the figures presented. br /
The calculations for all ratios used should be included as an br /
attachment to the paper. br /
The comparison should be an extension of the two-year br /
analysis completed in the previous section and should thus br /
focus on the same elements of the financial /
Evaluate the financial condition of the entity. This should br /
include an statement as to your opinion on the Healthof the br /
entity in relation to the areas analyzed. Is it in strong, br /
moderate, or weak condition, and /
Clarity, Grammar, and br /
APA usage, if br / /
The paper should be representative of a seniors experience br /
and writing ability. It should include a proper introduction and br /
conclusion. The paper should be well organized with property br /
sentence and paragraph structure. It should be relatively free br /
of grammar, punctuation and spelling errors. All borrowed br /
information should be appropriately /
5 10%br /
Total 50 100%br /
Discussion on the br /
financial health of the br /
entitybr /
8 16%br /
Financial analysis br /
over a two-year br /
periodbr /
16 32%br /
Financial comparison br /
to a similar entity for br /
a one year periodbr /
10 20%br /
Description of the br /
entityas activities 5 10%br /
Description of the br /
industry environment. 6 12%