Evaluation Of Financial Statement As Bases For Effective Corporate Performance (A Case Study Of Nigerian Breweries Plc, Aba)
ABSTRACT
Financial statement also known as
financial reports is a formal record of the financial activities of a business,
person or other entity. For a business enterprise, all the relevant financial
information, presented in a structured manner and in a form easy to understand
are called the financial statements. The basis for financial planning. analysis
and decision-making is the financial information. Financial information is
needed to predict. compare and evaluate the firms earning ability. It is
required to aid in economic decision making investment and financial decision
making. Corporate performance management is the area of business intelligence
involved with monitoring and managing an organizations performance, according
to key performance indicators (KPls) such as revenue, return on investment
operational cost, etc. In order for a company to be effective in its corporate
performance, the financial statement is evaluated mainly using the ratio
analysis. Performance indicators are picked out of this analysis and used to
know how the company is performing. These indicators tend to show the financial
performance of the company. The al-c able to know if they are growing or not
and tend to make improvement where necessary. Therefore, it is ascertained that
financial statement can he used as bases for effective corporate performance.
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CHUKWU, C (2021). Evaluation Of Financial Statement As Bases For Effective Corporate Performance (A Case Study Of Nigerian Breweries Plc, Aba) . Repository.mouau.edu.ng: Retrieved Nov 26, 2024, from https://repository.mouau.edu.ng/work/view/evaluation-of-financial-statement-as-bases-for-effective-corporate-performance-a-case-study-of-nigerian-breweries-plc-aba-7-2
CHIOMA, CHUKWU. "Evaluation Of Financial Statement As Bases For Effective Corporate Performance (A Case Study Of Nigerian Breweries Plc, Aba) " Repository.mouau.edu.ng. Repository.mouau.edu.ng, 02 Jul. 2021, https://repository.mouau.edu.ng/work/view/evaluation-of-financial-statement-as-bases-for-effective-corporate-performance-a-case-study-of-nigerian-breweries-plc-aba-7-2. Accessed 26 Nov. 2024.
CHIOMA, CHUKWU. "Evaluation Of Financial Statement As Bases For Effective Corporate Performance (A Case Study Of Nigerian Breweries Plc, Aba) ". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 02 Jul. 2021. Web. 26 Nov. 2024. < https://repository.mouau.edu.ng/work/view/evaluation-of-financial-statement-as-bases-for-effective-corporate-performance-a-case-study-of-nigerian-breweries-plc-aba-7-2 >.
CHIOMA, CHUKWU. "Evaluation Of Financial Statement As Bases For Effective Corporate Performance (A Case Study Of Nigerian Breweries Plc, Aba) " Repository.mouau.edu.ng (2021). Accessed 26 Nov. 2024. https://repository.mouau.edu.ng/work/view/evaluation-of-financial-statement-as-bases-for-effective-corporate-performance-a-case-study-of-nigerian-breweries-plc-aba-7-2