| Abstract [eng] |
LITHUANIAN POLICE COMMISSARIATS PERFORMANCE EVALUATION SYSTEM BASED ON FINANCIAL ANALYSIS Vaida DUMBRAVAITĖ Master thesis Accounting and Financial Management study programme Vilnius University, Faculty of Economics and Business Administration, Supervisor - asist. dr. I. Kamarauskienė Vilnius, 2021 SUMMARY 91 pages, 13 charts, 23 pictures, 76 references. The need and the problem of measuring the economic and financial performance of public sector entities is related to the financing of this sector's activities and the reporting of the results to the public, the main users of the information. The topic of financial analysis of public sector entities is rarely addressed. Adequate, consistent and timely financial analysis could provide the information necessary to describe the current situation, assess the use of financial resources, reveal operational and/or financial problems in the public sector, and serve as a basis for identifying and assessing risks. This would help reveal weaknesses and strengths in the financial management of public sector entities. This paper examines the ways and methods of conducting financial analysis of for-profit entities with a view to assessing their applicability to the analysis of public sector entities. The classical framework of relative indicators is complemented by indicators specific to public sector entities. The thesis consists of three parts: literature review, methodology, and presentation of the results. The methods used were: analysis of scientific literature and other sources of information, systematisation, comparison, grouping, analysis of relative indicators, analysis of specific indicators, graphical analysis. A group of Lithuanian police commissariats was selected to assess the applicability of the study. The first part of the thesis analyses and systematises the theoretical and practical methods of evaluating profit-msking entities and public sector entities, as well as highlights their peculiarities. The second part of the paper presents the proposed financial analysis framework for the evaluation of Lithuanian police commissariats, describes the consistency of the evaluation and the indicators proposed. The third part presents the results of the study: the relative indicators of the Chief Police Commissariats of the Lithuanian counties and specific (police) indicators are calculated, compared and assessed. It is assumed that the system of indicators could be used in the financial analysis of Lithuanian police commissariats. The thesis has developed conclusions and suggestions. |
