ABSTRACT
The need for the continuous evaluation
of the performance of management in assessing the financial position of a firm
brings about the question of which tool or method of analysis will be used to
make such assessment or evaluation of the various dimensions of the business and
financial operations of the firm in question 0neôf such method or tools of
analysis is accounting ratios. This project aims at assessing the reliability
and validity of accounting ratios in evaluating management performance using
Nigerian Breweries Plc Enugu as a case study. In order to achieve this, the
works of various authors were looked at in order to get their viewpoint on the
subject Also, a field work was conducted in which questionnaires were
distributed among respondents made up of accounting staff' of Nigeria Breweries
Plc Enugu in which questions bordering on the topic were asked and answers
given. A sample size of 67 was derived from a population of 80 staff of the
accounting department of Nigeria Breweries Plc Enugu using Taro Yamane. Some
findings made from the research are that ratios helps the analyst to make
qualitative judgments regarding the financial position and performance of the
firm and that liquidity ratios measure the ability of the firm to meet its obligations.
'It was also recommended that accounting ratios should be used as a performance
indicator by management as it outscores other tools of financial analysis such
as fund flow statements and straight forward criticism. Also, it was also
suggested .that management should maintain a reasonable level of liquidity to
enable it meet its obligations promptly.
MICHAEL, U (2021). Accounting Ratios As A Tool For The Measurement Of Management Efficiency (A Case Study Of Nigeria Breweries Plc Enugu). Mouau.afribary.org: Retrieved Nov 01, 2024, from https://repository.mouau.edu.ng/work/view/accounting-ratios-as-a-tool-for-the-measurement-of-management-efficiency-a-case-study-of-nigeria-breweries-plc-enugu-7-2
UNIVERSITY, MICHAEL. "Accounting Ratios As A Tool For The Measurement Of Management Efficiency (A Case Study Of Nigeria Breweries Plc Enugu)" Mouau.afribary.org. Mouau.afribary.org, 16 Jul. 2021, https://repository.mouau.edu.ng/work/view/accounting-ratios-as-a-tool-for-the-measurement-of-management-efficiency-a-case-study-of-nigeria-breweries-plc-enugu-7-2. Accessed 01 Nov. 2024.
UNIVERSITY, MICHAEL. "Accounting Ratios As A Tool For The Measurement Of Management Efficiency (A Case Study Of Nigeria Breweries Plc Enugu)". Mouau.afribary.org, Mouau.afribary.org, 16 Jul. 2021. Web. 01 Nov. 2024. < https://repository.mouau.edu.ng/work/view/accounting-ratios-as-a-tool-for-the-measurement-of-management-efficiency-a-case-study-of-nigeria-breweries-plc-enugu-7-2 >.
UNIVERSITY, MICHAEL. "Accounting Ratios As A Tool For The Measurement Of Management Efficiency (A Case Study Of Nigeria Breweries Plc Enugu)" Mouau.afribary.org (2021). Accessed 01 Nov. 2024. https://repository.mouau.edu.ng/work/view/accounting-ratios-as-a-tool-for-the-measurement-of-management-efficiency-a-case-study-of-nigeria-breweries-plc-enugu-7-2