A CRITICAL ANALYSIS OF THE USE OF FINANCIAL STATEMENTS IN ASSESSING THE PERFORMANCE OF AN ORGANIZATION (A CASE STUDY OF FIRST BANK NIGERIA)

ABSTRACT

The study was carried out to analyse how an organization performs making use of the financial statements with First Bank of Nigeria Plc serving as the case study. the study disclosed that the critical appraisal of the use of financial statements in assessing the performance of an organizations or companies is inevitable for organizational productivity

 The analysis of financial statement of First bank plc disclosed that although investors and performance evaluation analysis relied on financial statement in the decision and appraisal. The reliability of financial reports especially during inflation as in currently prevalent is not assured as a result of the historical cost convention as a basis for asset valuation; consequently, the use of these reports now in decision-making may lead to inadequate decisions.

TABLE OF CONTENT

TITLE PAGE

 APPROVAL PAGE

 DEDICATION

 ACKNOLEDGEMENT

 ABSTRAT

 TABLE OF CONTENTS

CHAPTER ONE INTRODUCTION

 STATEMENT OF THE PROBLEM

 OBJECTIVE OF THE STUDY

 RESEARCH QESTIONS

 RESEARCH HYPOTHESIS

 SIGNIFICANCE OF THE STUDY

 SCOPE AND LIMITATION OF THE STUDY

 DEFINITION OF TERMS

CHAPTER TWO

 REVIEW OF RELATED UTERATURE

 HISTORICA BACKGROUND OF FIRST BANK OF NIGERIA PLC

 THE NEED FOR FINANCIAL REPORTS

 THE COMPOSITION OF THE FINANCIAL REPORTS

 THE CHIAIRMANS REPORTS

 THE DIRECTORS REPROT

 THE AUDITORS REPORT

 THE FINANCIAL STATEMENT

VARIOUS USERS OF FINANCIAL REPORTS AND THEIR

 INFORMATION NEEDS          

 SHAREHOLDERS

 LONG-TERM CREDITORS

 SHORT-TERM CREDITORS

 TAX AUTHORITIES AND GOVERNMENT

 EMPLOYEES AND TRADE FIRSTS

 MANAGEMENT

 ANANLYSISADVISES

 FINANCIAL REPORTING BY BANKS

 INTRODUCTION

 THE PRUDENTIAL GUIDELINES

 PERFORMANCE EVALUATION IN THE BANKING

 INDUSTRY

 EFFICIENCY AND PROFITABLITY

 POTENCIAL AND ACTUAL GROWTH

 LOANS AND ADVANCES

CHAPTER THREE

 RESEARCH DESIGN AND METHODOLOGY

 RESEARCH DESIGN

 SOURCES OF DATA

 PRIMARY SOURCES

 SECONDARY SOURCES

 POPULATION OF THE STUDY

 MATHOD OF DATA PRESENTATION

METHODS OF DATA ANALYSIS 

CHAPTER FOUR

DATA PRESENTATION AND ANALYSIS

DATA ANALYSIS TECHNIGUES

TEST OF HYPOTHESISI

CHAPTE FIVE

 FINDINGS, RECOMMENDATIONS ANS CONCLUSIONS FINDINGS

 RECOMMENDATIONS

 CONCLUSION

 BIBLIOGRAPHY

 APPENDIX