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Graduate School USA (PITI-VITI): VI Performeter FY2009 (Draft) (historical edition)

Collection
Audits & Oversight
Entity
Government of the U.S. Virgin Islands (financial health)
Date
2009
Type
Audit

1 A Financial Statement Analysis Using Indicators of the Financial Health and Success and a Status Report of Audit Findings, Timeliness and Exception Resolution (A.F.T.E.R.) of The Government of the U.S. Virgin Islands as of and for the Year Ended September 30, 2009 Crawford & Associates, P.C Oklahoma City, Oklahoma ® 2 What Is The Performeter®? An analysis that takes a government’s financial statements and converts them into useful and understandable measures of financial performance Financial ratios and a copyrighted analysis methodology are used to arrive at an overall rating of 1-10 The overall reading is a barometer of the VI’s financial health and performance 3 How to Use The Performeter® Use the individual ratios to identify financial warning signals Use the overall rating as a collective benchmark of financial health and success of the VI as a whole Use the comparisons to prior years to monitor trends in financial indicators 4 Limitations of the Performeter® The Performeter® should not be used as the only source of financial information to evaluate the VI’s performance …

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