ABSTRACT
The study investigated the appraisal of financial statement
in evaluating organizational performance of banks. The major objective of the
study is to examine the effect of financial statement in evaluating
organizational performance of banks and to ascertain the effect of profit after
tax on the return on capital employed of banks. To achieve the objectives of
the study, ex pose factor research design was adopted. The researcher adopted
secondary data in getting the required information. In testing the hypothesis
simple linear regression analysis was used. The findings revealed that
liquidity has a positive impact on profit after tax and that there is no
significant relationship between profit after tax and return on capital
employed. The researcher recommended that the financial ratio analysis should
be properly appraised in banks in other for the management to identi)5' the
strength and weakness inherent in the system as the serves as performance
indicator, the researcher also recommended that the financial statement should
be prepared and presented in such a way to aid proper and accurate comparison.
OKORIE, E (2021). Appraisal Of Financial Statements In The Evaluation Of Organisational Performance Of Banks (A Study Of Some Selected Banks In Nigeria). Repository.mouau.edu.ng: Retrieved Nov 25, 2024, from https://repository.mouau.edu.ng/work/view/appraisal-of-financial-statements-in-the-evaluation-of-organisational-performance-of-banks-a-study-of-some-selected-banks-in-nigeria-7-2
EKE, OKORIE. "Appraisal Of Financial Statements In The Evaluation Of Organisational Performance Of Banks (A Study Of Some Selected Banks In Nigeria)" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 19 Nov. 2021, https://repository.mouau.edu.ng/work/view/appraisal-of-financial-statements-in-the-evaluation-of-organisational-performance-of-banks-a-study-of-some-selected-banks-in-nigeria-7-2. Accessed 25 Nov. 2024.
EKE, OKORIE. "Appraisal Of Financial Statements In The Evaluation Of Organisational Performance Of Banks (A Study Of Some Selected Banks In Nigeria)". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 19 Nov. 2021. Web. 25 Nov. 2024. < https://repository.mouau.edu.ng/work/view/appraisal-of-financial-statements-in-the-evaluation-of-organisational-performance-of-banks-a-study-of-some-selected-banks-in-nigeria-7-2 >.
EKE, OKORIE. "Appraisal Of Financial Statements In The Evaluation Of Organisational Performance Of Banks (A Study Of Some Selected Banks In Nigeria)" Repository.mouau.edu.ng (2021). Accessed 25 Nov. 2024. https://repository.mouau.edu.ng/work/view/appraisal-of-financial-statements-in-the-evaluation-of-organisational-performance-of-banks-a-study-of-some-selected-banks-in-nigeria-7-2