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How does financial condition analysis differ from financial statement analysis?

  1. What general problems must be addressed in doing ratio analysis for government financial condition analysis?
  2. Do traditional solvency ratios adequately address financial condition analysis concerns?
  3. How does financial condition analysis differ from financial statement analysis?

This is only three questions

Please use reference below and cite two more scholar references

Finkler, S. A., Purtell, R. M., Calabrese, T. D., & Smith, D. L. (2013). Financial management for public, health, and not-for-profit organizations (4th ed.). Upper Saddle River, NJ: Pearson Prentice Hall.

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