THE USEFULNESS OF FINANCIAL STATEMENT IN ASSUASIVE THE PERFORMANCE COMPANIES AND IN GUIDING INVESTMENT DECISIONS

(A CASE STUDY OF SUNRISE FLOUR MILL LTD ENUGU)

By

ODOH KINGSLEY EKE

Presented To

Department of Accountancy

ABSTRACT

    The use of financial statement in any business organisation cannot be over emphasized financial statements are needed by variety of people for different purposes .  for instance, the government needs the financial books of a company for taxation purposes, the investors want to know how profitable a company is and also the management of a company will like to know the level of their performance: all these cannot be known without the analysis of financial statements of the company or companies involved.
    The research work therefore, studies the usefulness of financial statements in assessing the performance of companies and in guiding investment decisions, in order to provide investors, management, government and others what the company is worth.
 

TABLE OF CONTENTS

Title page
Approval page
Dedication
Acknowledgement
Abstract
Table of contents
List of figures

CHAPTER ONE
1.0    Introduction

1.1    Statement of problem
1.2    objectives of study
1.3    significance of study
1.4    research questions
1.5    scope and limitations
1.6    formation of hypothesis
1.7    definition of terms

CHAPTER TWO
2.0    Review of related literature
2.1    Introduction
2.2    Basic concepts
2.3    Further assumptions and principles
2.4    Benefits of financial statement

CHAPTER THREE
3.0    Research design and methodology
3.1    Source of data
3.2    Questionnaire
3.3    Interview method
3.4    Sample design
3.5    Method of investigation
3.6    Statistical method for data analysis

CHAPTER FOUR
4.0    Presentation
4.1    Interpretation of data
4.2    Testing of hypothesis

CHAPTER FIVE
5.0    Summary, findings, conclusion
5.1    Recommendation
Bibliography
Appendix
Questionnaire


LIST OF TABLE

1.    Trading account
2.    cost of goods sold
3.    statement of changes in financial position of companies
4.    Profit and loss appropriation account schedule profit and loss account for the year suded 31st Dec 1995 and 1996.
5.    analysis of result
6.    analysis of questionnaire respondents
7.    analysis of respondent department
8.    pie chart distribution of respondent department
9.    analysis of responses
10.    analysis of responses
11.    analysis of responses
12.    analysis of responses
13.    test of hypothesis
14.    test of hypothesis 11
15.    test of hypothesis 111
16.    Balance sheet as at 31st December, 199 and 1996.

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