ABSTRACT
This project reviews
the great importance of financial statement in assessing the financial position
of a company. It provides its readers with basic understanding o1 financial
statement content with the view of highlighting the data in it, its usefulness
in ;iiia lviing thc general performance of the company and in making informed
cconomic decision. In the same vein, this work tried to give a general view or
rationale behind the recordiig and presentation of financial accounting
information, its users and how well companieS have provided financial
accounting information to meet the information need Of users of accouint I nu
in formation. The researcher in his bid to answer sonic cca ic1 (p.iotat otis,
considered the content of the annual report and account of \icriari Breweries
J)J £ for 10 years (2000-2009) period to ascertain if truly its coiiteiit can
guide or helf) an investor or financial analyst in evaluating the company's
rcneral performance as well as how investment returns can affect investors'
decision. Ins research work also portrayed some defects being observed in the
presentation of nancial informal ion and its inherent adverse effect on the
decision making of users of accounting in formation. Lastly, the researcher
went on to proffer solution to these dent I lied problems on the presentation
of financial reports/statements by icconinicndiiig possible ways by which
accounting in formation can best be presented as H I ;i nicans by which a financial
analyst or even a novice can effectively use the accounting ratios/ratio
analysis and the data in the financial statement in evaluating the cncia I
perfoiniance and financial stat us of any given organisat ion/company
OHAERI, C (2021). Use Of Financial Statement In Evaluating An Organisations Financial Status And Performance (Case Study Of Nigerian Breweries Plc). Mouau.afribary.org: Retrieved Nov 28, 2024, from https://repository.mouau.edu.ng/work/view/use-of-financial-statement-in-evaluating-an-organisations-financial-status-and-performance-case-study-of-nigerian-breweries-plc-7-2
CHISOMNAZU, OHAERI. "Use Of Financial Statement In Evaluating An Organisations Financial Status And Performance (Case Study Of Nigerian Breweries Plc)" Mouau.afribary.org. Mouau.afribary.org, 07 Oct. 2021, https://repository.mouau.edu.ng/work/view/use-of-financial-statement-in-evaluating-an-organisations-financial-status-and-performance-case-study-of-nigerian-breweries-plc-7-2. Accessed 28 Nov. 2024.
CHISOMNAZU, OHAERI. "Use Of Financial Statement In Evaluating An Organisations Financial Status And Performance (Case Study Of Nigerian Breweries Plc)". Mouau.afribary.org, Mouau.afribary.org, 07 Oct. 2021. Web. 28 Nov. 2024. < https://repository.mouau.edu.ng/work/view/use-of-financial-statement-in-evaluating-an-organisations-financial-status-and-performance-case-study-of-nigerian-breweries-plc-7-2 >.
CHISOMNAZU, OHAERI. "Use Of Financial Statement In Evaluating An Organisations Financial Status And Performance (Case Study Of Nigerian Breweries Plc)" Mouau.afribary.org (2021). Accessed 28 Nov. 2024. https://repository.mouau.edu.ng/work/view/use-of-financial-statement-in-evaluating-an-organisations-financial-status-and-performance-case-study-of-nigerian-breweries-plc-7-2