발생주의ㆍ복식부기회계 하에서의 재정분석모형

This paper seeks to suggest a framework of financial statement analysis under the accrual and double-entry governmental accounting system. Financial analysis under the current single-entry and cash basis accounting system has produced incomplete results. Without financial statements, the current single-entry and cash basis accounting system lacks information on assets, liabilities, and net worth. This paper introduces the methods of financial statement analysis of the advanced countries such as the United States, United Kingdom, Australia, and New Zealand. And the current frameworks of financial statement analysis used in private firms and local public enterprise are shown. To develope a framework of financial statement analysis, three dimensions should be reviewed: (1) the tables and their contents of the financial statements, (2) a set of indicators of financial analysis, (3) the criteria of comparison. The tentative framework of financial analysis in three dimensions is drawn up in this paper.