L’analisi del bilancio delle università attraverso gli indici: indagine su un campione di atenei statali

The adoption of accrual accounting by Italian universities has opened a wealth of new financial information, which can be better interpreted through ratio analysis. This tool has been developed and applied for quite some time to profit-oriented en-tities. However, its use to non-profit entities, and specifically to public universities, requires special caution and lends itself to specific insights. This article explains and illustrates 52 specific financial statement ratios, classified by management areas, that are useful in analysing and interpreting the financial statements of Italian public universities. The ratio analysis was tested with a sample of 10 state universities out of a total of 61.