ABSTRACT

Evaluation of the impact of the auditor's report, on the performance of financial institution. The auditors report is the opinion expressed by an auditor on the financial statement stating clearly whether such statement present a true and fair view of the company (Bank) affair. The study present a successful literature review both the primary data and secondary data from the analysis point of view I administered 20 questions from the questionnaire which was used to test the first and second hypothesis. There is a high response in adhering to the recommendation of banks report made by the auditors. There is a low response rate in adhering to the recommendation made in the auditor report. Auditors recommendation in the audit report can turn around distress banks, the recommendations and interviews made was properly interviewed, and also from text books, Bankers Chartered Institution of Bankers, Journal, Vanguard News Papers. The total population is 60 and sampling size is 20, the statistical instrument used was designed and distributed the same result were obtained. And also it was observed that in question four that 42% of the respondent said that they are satisfied with the auditors report while 56% said no to it. In question seven, it was observed that banks performance could be achieved or judged through the level of profit making, 39% said yes, while 21% said No. I recommend that Baking Industry, should carryout extensive research work and tailor it to suit the present problems facing them. Also I recommend that banks should employ competent auditors in making report based on their performance