A critical ananlisis of the use of financial report in assessing bank performance
Table Of Contents
- <p> </p><p>TITLE PAGE</p><p>APPROVAL PAGE</p><p>DEDICATION</p><p>ACKNOLEDGEMENT</p><p>ABSTRAT</p><p>TABLE OF CONTENTS</p><p>
Chapter ONE
INTRODUCTION
- </p><p>STATEMENT OF THE PROBLEM</p><p>OBJECTIVE OF THE STUDY</p><p>RESEARCH QESTIONS</p><p>RESEARCH HYPOTHESIS</p><p>SIGNIFICANCE OF THE STUDY</p><p>SCOPE AND LIMITATION OF THE STUDY</p><p>DEFINITION OF TERMS</p><p>
Chapter TWO
LITERATURE REVIEW
- </p><p>REVIEW OF RELATED UTERATURE</p><p>HISTORICA BACKGROUND OF UNION BANK OF NIGERIA PLC</p><p>THE NEED FOR FINANCIAL REPORTS</p><p>THE COMPOSITION OF THE FINANCIAL REPORTS</p><p>THE CHIAIRMANS REPORTS</p><p>THE DIRECTORS REPROT</p><p>THE AUDITORS REPORT</p><p>THE FINANCIAL STATEMENT</p><p>
- 2.4 VARIOUS USERS OF FINANCIAL REPORTS AND THEIR</p><p>INFORMATION NEEDS</p><p>2.
- 4.1 SHAREHOLDERS</p><p>2.
- 4.2 LONG-TERM CREDITORS</p><p>2.
- 4.3 SHORT-TERM CREDITORS</p><p>2.
- 4.4 TAX AUTHORITIES AND GOVERNMENT</p><p>2.
- 4.5 EMPLOYEES AND TRADE UNIONS</p><p>2.
- 4.6 MANAGEMENT</p><p>2.
- 4.7 ANANLYSISADVISES</p><p>
- 2.5 FINANCIAL REPORTING BY BANKS</p><p>2.
- 5.1 INTRODUCTION</p><p>2.
- 5.2 THE PRUDENTIAL GUIDELINES</p><p>
- 2.6 PERFORMANCE EVALUATION IN THE BANKING</p><p>INDUSTRY</p><p>2.
- 6.1 EFFICIENCY AND PROFITABLITY</p><p>2.
- 6.2 POTENCIAL AND ACTUAL GROWTH</p><p>2.
- 6.3 LOANS AND ADVANCES</p><p>
Chapter THREE
RESEARCH METHODOLOGY
- </p><p>RESEARCH DESIGN AND METHODOLOGY</p><p>RESEARCH DESIGN</p><p>SOURCES OF DATA</p><p>3.
- 2.1 PRIMARY SOURCES</p><p>3.
- 2.2 SECONDARY SOURCES</p><p>
- 3.3 POPULATION OF THE STUDY</p><p>
- 3.4 MATHOD OF DATA PRESENTATION</p><p>
- 3.5 METHODS OF DATA ANALYSIS</p><p>
Chapter FOUR
DATA PRESENTATION AND ANALYSIS
- </p><p>DATA PRESENTATION AND ANALYSIS DATA ANALYSIS TECHNIGUES</p><p>TEST OF HYPOTHESISI</p><p>CHAPTE FIVE</p><p>FINDINGS, RECOMMENDATIONS ANS CONCLUSIONS FINDINGS</p><p>RECOMMENDATIONS</p><p>CONCLUSION</p><p>BIBLIOGRAPHY</p><p>APPENDIX</p> <br><p></p>
Project Abstract
<p> </p><p>The purpose of this study was to examine banks, on investments and performance appraisal. It was also to ascertain the problems of using financial reports to access performance of banks and finally to determine 17 thereβs a relationship between financial reporting and performance evaluation of a bank.</p><p>The inductive research method was adopted and the statistical analysts, particularly the chi-square and t-distribution test were used in the analysis of the data collected from the bank.</p><p>The findings of the study were that</p><p>1. Source financial statement contained in the financial reports influence investment remarkably in banks.</p><p>2. The annual reports do not reflect inflationary effects in the country today.</p><p>3. The financial reports were prepared adapting a general purpose nature with the assumption that different user as of the report have different information needs.</p><p>The following conclusions ere made</p><p>Although investors and performance evaluation analyst relied on financial statement in their decisions and appraisal, the reliability of financial report especially during inflation cannot be assured owing to the historical cost convention used as a basis for asset valuation by banks. This is because; the profits of an accounting year would not usually show a true figure owing to the courage effect of inflation. Therefore, managerial decision of banks based entirely on financial reports will lend to poor and inadequate decisions.</p><p>The recommendations and suggesting made were base wholly on the out come of the study, for example, on the problem inflation, it was recommended that the bank should adopt the current cost accounting basis for its financial reporting ensure credibility and reliability of information, by the various users, given the inflationary relatives.</p> <br><p></p>
Project Overview
<p>
</p><p>INTRUDUCTION</p><p>1.1 BACKGROUND OF STUDY</p><p>A farmer, who plants corps, expects result, similarly to student who sits for examination expects results. The same 5 also true of an investor.</p><p>For the farmer, the result might be communicated to him in the form of a bumper harvest. It result sheet or a report card would usually sufficed for a student. However, in the of an investor, the result is communicated through the financial reports.</p><p>Financial reports are law to be prepared by every limited liability company; these limited liability companies abound in virtually all sector of the economy.</p><p>Every company shall cause accounting records to be kept. The accounting records shall be sufficient to show and explain the transactions of the company and shall be such as to disclose with reasonable accuracy, at anytime the financial position of the company.</p><p>In the banking industry, financial reports are of great interest to the general public because the banks directly or indirectly interact with people.</p>
<br><p></p>