Effect Of Statutory Audit Reports On Corporate Dividend Decision Making Policy: (A Study Of Selected Bank In Nigeria).:- Uzoma Alex E

ABSTRACT

 The inability of the Bank to carry out a good statutory Audit reports on cooperate dividend decision making policy has resulted in dividend and accounting failure, loss of cash, low customer patronage, poor company image, lack of investors and low profit, etc. the study is undertaken to unravel the effect of statutory audit reports on cooperate dividend decision making policy. A study of selected banks in Nigeria, Diamond Bank and Fin Bank Pic, Umuahia Abia State. Several partment issues relating to dividend decision making policy are discussed in the study. The problems areas as identified in the study were entered for, and the objectives were realized. The research methodology employed in the collection of data include oral interview and questioners. The work used the case method and the chi-square method techniques to test the hypothesis. The hypothesis proved that quality audit report do not significantly prevent payment of proposed and declared dividend after the annual general meeting (AGM). Finally, it was recommended that all report made available to the management from the audit department should receive urgent attention and must be implemented in a way to the satisfaction to all class of investors.