Fund Accounting and Municipality Analysis: Part II of II
Q: The Napa Valley had those horrific fires last year, which impacted a lot of wineries.
A: You are absolutely correct in your observation, which points to the fact that with all loans in all industries we must be cognizant of the current facts concerning the financial and economic conditions which surround each industry.
Q: Is municipality analysis similar to that of schools and school districts?
A: In general, yes, especially if the records are kept and presented using fund accounting. But if institutions use not-for-profit accounting, the statements can be quite similar to standard business-type accrual financial statements.
Q: Do you offer a webinar on school financials?
A: At this time, we don't offer a course on assessing schools. However, the material contained in our Not-for-Profit and two Fund Accounting webinars should provide you with a good financial analysis methodology to analyze the financial statements for a school or school district.
We also offer a couple of specific comments here - see Q#3 and here - see Q#4.
Course overview: Fund Accounting and Municipality Analysis: Part II of II