Abstract:

Many countries have head for reform process to restructure public administrations and to use public resources effectively and efficiently. Thus, conventional public management concept had to be replaced by the New Public Managements (NPM) approach. The NPM approach emphasized principles and values such as decentralisation, efficiency, productivity, transparency and accountability. With the Public Finance Management and Control Law No. 5018, which is one of the legal regulation within the scope of public management reform, the cash based accounting has been passed by the accrual based accounting. Thus, transparency and accountability, which are the basic principles of the NPM, form the basis of the new system and provide a result-based approach. "Financial Analysis Guide for Public Administrations" was published in 2017 to measure the efficiency and effectiveness of the public administrations’ services as a sign of the result-based accounting system approach. In this study, the ratio analysis method are used to evaluate its financial condition based on the comparisons with similar-sized cities.

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