A STUDY INTO INVESTORS RELIANCE ON FINANCIAL STATEMENTS ( A CASE STUDY OF UNION BANK, UYO BRANCH)

ABSTRACT
The principal aim of this research work is to show financial statement analysis and the degree investors can rely on financial statement and also to show how to analyze and interpret financial statement to intend users. Questionnaires were administered through which data were collected the secondary source were analysis using ratios. The research find out that the liquidity ratio of the bank was good which means the bank is highly liquid to meet it short term debts needs, the researcher recommendation amongst others was that investors at all level should at all times analyze and interpret financial statement before making investment decision that will affects the investors plans. Also, that in the case of analysis and interpretation of financial statement, a qualified Accountant should handle it and communicates the results to the interest party.