A Critical Analysis of the Use of Financial Statements in Assessing the Performance of an Organization

A Critical Analysis of the Use of Financial Statements in Assessing the Performance of an Organization

A Critical Analysis of the Use of Financial Statements in Assessing the Performance of an Organization

 

Quick Navigation for Final Year Undergraduates, Masters (Thesis), and Ph.D. Dissertation Students Who Need Our Services on Their Research Works

Find More Project Topics FIND HERE
Hire Us for Thesis Works HIRE NOW
Hire Us for Project Works HIRE NOW
Hire Us for Seminar Works HIRE NOW
Hire Us for Assignments HIRE NOW
Hire Us for Proposals HIRE NOW
Contact  Us HERE NOW

 

DOWNLOAD FULL PDF WORK

 

Chapter one on A Critical Analysis of the Use of Financial Statements in Assessing the Performance of an Organization

INTRODUCTION

Background of the Study

Financial statements according to Meigs and Meigs (1981:28) refers to reports which summarize the financial position and operating results of a business (balance sheet and income statements). It referred to as general purpose that satisfy the need of many groups generally called stakeholders. These groups are particularly concerned with the risk inherent in and returns provided by their investments, and who require accounting information to enable them assess the ability whether they should buy, hold and sell their investments. According to Anayaogu (2002:14) financial accounting provides information to eternal decision makes such as shareholders government, creditors, employees etc., these are people with whom or from whom money is ultimately paid or received.

Anayaogu (2002:20) also states that records of financial accounting statement include various ledges accounts, profits and loss accounts, balance sheet and other financial records. These records are intended to show the strength, progress, portability, management effectiveness and stewardship.   Financial statement are the means of communicating to interested partners information or the resource, obligation and performance of the reporting enterprise in a simple, clear and understandable form to all its user with such attributer of relevance to decision reliability, consistency and comparability materiality efficiency and understandability.

Read Also:  Use of Information and Communication Technology in Teaching of Vocational Subjects in Bori Polytechnic

 

DOWNLOAD FULL PDF WORK

Disclaimer

This research material is intended for academic use only and should be used as a guide in constructing your research project and seminar presentation. You should never duplicate the content word for word (verbatim), as SCHOOLTHESIS.COM will not be held liable for anyone who does.

The purpose of publishing this material is to alleviate the stress of hopping from one school library to the next in search of research materials. This service is lawful because all educational institutions allow students to read past projects, papers, books, and articles while working on their own.

SCHOOL THESIS is merely giving this information as a research reference. Use the document as a reference or structure for your own research paper. This paper’s content should be able to assist you in coming up with new ideas and thoughts for your own study

A Critical Analysis of the Use of Financial Statements in Assessing the Performance of an Organization research paper, should only be used as a guide.