0704-883-0675     |      dataprojectng@gmail.com

ANALYSIS AND INTERPRETATION OF FINANCIAL STATEMENT AS A MANAGERIAL TOOL FOR DECISION MAKING

  • Project Research
  • 1-5 Chapters
  • Abstract : Available
  • Table of Content: Available
  • Reference Style: APA
  • Recommended for : Student Researchers
  • NGN 3000

Abstract

Financial Statement Analysis and Interpretation is a very vital instrument of good management decision-making in business enterprise. Good decisions ensure business survival, profitability and growth. Without financial statement analysis in investment decisions, an enterprise is likely to make decisions, which could spell its doom. Poor or lack of qualitative financial statement analysis could lead to investment returns, low profitability and even inability to identify viable investment opportunities. The main objective of this project is therefore, was to determine how firms could use financial statement analysis and interpretation to aid management decisions and to avert the problems highlighted above. Primary and secondary data are employed to broaden the scope of this study. Primary data are sourced from questionnaire responses. This provided data for the validation of the hypotheses tested with the use of chi-square (X2 ). The test revealed as follows: (1) Significant difference between the returns of the financial statement in Analysis and Interpretation based on management decision. (2) Organizational profitability has relationship with financial statement analysis and interpretation based management decision but not significantly. The project concludes that companies should pay great attention to the use of financial statement analysis so as to properly equip themselves with this invaluable tool. The researcher recommends the following: (a) Accountants or financial analysts should not be rushed in collection, preparation, analysis and interpretation off financial statements. (b) Financial statements should be made to reflect current cost accounting to eliminate or reduce the effects to historical cost principle and inflation risk element. (c) A combination of different ratios should be used in analyzing a company’s financial and/or operating performance. Proper use of financial statement analysis should be made not only in investment but also in other areas of decision making.





Related Project Materials

HEALTH IMPLICATIONS AND THE PROBLEM OF MALARIA AMONG ADULT

Abstract

The study is appraisal of building maintenance practice among landlords in Niger central sen...

Read more
EXAMINATION OF SECONDARY SCHOOL TEACHERS PERCEPTION ON ENTREPRENEURSHIP EDUCATION

Abstract

The aim of this research is to find out teachers' perceptions on the significance of entrepreneurship education as a tool fo...

Read more
A CRITICAL EXAMINATION OF THE CONSEQUENCES OF THE ENDBADGOVERNANCE PROTEST IN KANO STATE, NIGERIA

Chapter One: Introduction

1.1 Background of the Study

Protests have long been a critical avenue for citizens to express grievan...

Read more
ANALYSIS OF STUDENTS’ PERFORMANCE IN NATIONAL EXAMINATIONS COUNCIL IN GIWA EDUCATION ZONE, KADUNA STATE , NIGERIA (2010-2014): IMPLICATIONS FOR EDUCATIONAL ADMINISTRATORS AND PLANNERS

ABSTRACT

The study analysed the performance of students in three public and four private senior secondary schools within Giwa Education Z...

Read more
EFFECT OF MACROECONOMIC DETERMINANT OF CAPITAL MARKET PERFORMANCES IN NIGERIA

Abstract

In the face of capital deficiency in financing long term development, the capital-deficient economies have...

Read more
STRATEGIES FOR PROMOTING LIFELONG LEARNING IN TECHNICAL FIELDS

Abstract: This research explores strategies for promoting lifelong learning in technical fi...

Read more
EXAMINING INNOVATIONS IN CAREER DEVELOPMENT PROGRAMS FOR VOCATIONAL STUDENTS

ABSTRACT: Innovations in Career Development Programs for Vocational Students explores new approaches to preparing students for successful careers t...

Read more
AN EVALUATION OF CONFLICT RESOLUTION STRATEGIES ADOPTED BY SCHOOL PRINCIPALS IN ABIA STATE

Background of the study

Conflict resolution tactics are methods for resolving disagreements. They enabl...

Read more
ASSESSMENT OF THE EFFECT OF METACOGNITIVE SCAFFOLDING ON ACADEMIC ANXIETY OF SENIOR SECONDARY SCHOOL STUDENTS IN NIGERIA

ABSTRACT

This study assessed the effect of metacognitive scaffolding on academic anxiety of senior secondary school students in Nigeria w...

Read more
ECONOMIC OPERATION AND INTEGRATION IN WEST AFRICA (1999-2010)

 Abstract

This study is on economic operation and integration in West Africa (1999-2010). The total population for...

Read more
Share this page with your friends




whatsapp