[ANSWERED] Using a local government in your area as a guide, what steps would you undertake in a financial…

Unit 7.2 DB: Financial Condition Analysis
Using a local government in your area as a guide, what steps would you undertake in a financial condition analysis of that government? What challenges do you think you would face and how do you think you could overcome them? What information does the government entity need to share with the public. Are there any security or ethical concerns with the sharing of the financials?
Attachments:
6811466_1_Chapter-9-Financial-Reporting-and-Analysis—The-Statement-of-Net-Assets-and-the-Statement-of-Net-Position.pdf
6811466_2_Chapter-10-Financial-Reporting-and-Analysis—Statement-of-Activities.pdf
6811466_3_Chapter-11-Financial-Reporting-and-Analysis—Fund-Level-Statements.pdf
6811466_4_Government-accounting-standards.pdf