Financial analysis of local governments

With considerable stress on the public finance market, investors have more reason than ever to stay abreast of their portfolios and regularly analyze their holdings. This is the second course in a three-part series that provides tools for analyzing local government financial statements. Participants learn where to find information in an audit, what line items mean, and the key ratios and trend analyses used by analysts at our sister company, Moody's Investors Service. Real-world case studies focus on the unique accounting methods and credit concerns in public finance.