A CRITICAL ANALYSIS OF THE USE OF FINANCIAL STATEMENT IN ASSESSING THE PERFORMANCE OF AN ORGANIZATION (A CASE STUDY OF UNION BANK NIGERIA)

ABSTRACT
The study was carried out to analyse how organizations and other stakeholders can make use of accounting ratios to critically analyse financial statements to evaluate organizational performance using Union bank as case study. Union Bank of Nigeria Plc. The analysis of financial statement disclosed that although investors and performance evaluation analysis realized on financial statement in the decision and appraisal. The reliability of financial reports especially during inflation as in currently prevalent is not assured as a result of the historical cost convention as a basis for asset valuation; consequently, the use of these reports now in decision-making may lead to inadequate decisions.  

TABLE OF CONTENT  

TITLE PAGE APPROVAL
PAGE DEDICATION
ACKNOWLEDGEMENT
ABSTRACT
TABLE OF CONTENTS  

CHAPTER ONE:  INTRODUCTION
STATEMENT OF THE PROBLEM
OBJECTIVE OF THE STUDY
RESEARCH QUESTIONS
RESEARCH HYPOTHESIS
SIGNIFICANCE OF THE STUDY
SCOPE AND LIMITATION OF THE STUDY
DEFINITION OF TERMS  

CHAPTER TWO: REVIEW OF RELATED LITERATURE
HISTORICAL BACKGROUND OF UNION BANK OF NIGERIA PLC
THE NEED FOR FINANCIAL REPORTS
THE COMPOSITION OF THE FINANCIAL REPORTS
THE CHAIRMAN'S REPORTS
THE DIRECTORS REPORT
THE AUDITORS REPORT
THE FINANCIAL STATEMENT  
VARIOUS USERS OF FINANCIAL
REPORTS AND THEIR INFORMATION NEEDS 
SHAREHOLDERS
LONG-TERM CREDITORS
SHORT-TERM CREDITORS
TAX AUTHORITIES AND GOVERNMENT
EMPLOYEES AND TRADE UNIONS
MANAGEMENT ANALYSIS\ADVISES
FINANCIAL REPORTING BY BANKS
THE PRUDENTIAL GUIDELINES
 PERFORMANCE EVALUATION IN THE BANKING INDUSTRY
 EFFICIENCY AND PROFITABILITY POTENTIAL AND ACTUAL GROWTH
 LOANS AND ADVANCES  

CHAPTER THREE: RESEARCH DESIGN AND METHODOLOGY
RESEARCH DESIGN
SOURCES OF DATA
PRIMARY SOURCES
SECONDARY SOURCES
POPULATION OF THE STUDY
METHOD OF DATA PRESENTATION  
METHOD OF DATA ANALYSIS   

CHAPTER FOUR: DATA PRESENTATION AND ANALYSIS  
DATA ANALYSIS
TEST OF HYPOTHESIS   

CHAPTER FIVE:  SUMMARY, RECOMMENDATIONS ANS CONCLUSIONS
SUMMARY OF FINDINGS
RECOMMENDATIONS
CONCLUSION
BIBLIOGRAPHY
APPENDIX