ABSTRACT

This study set out to study the Impact of Financial Statement on Investment Decision. (A case study of Cement Company of Northern Nigeria Sokoto). Financial statement provide the base statement its investment decision it is therefore critical that it should provide a reliable permanent history of the financial activities of organization record in archeological diary of measured event presented in orderly and systematically manner. It readily communicate primarily financial information in nature investors and other practice who make effective use of the information for an investment decision posited by (Onukwu 1998) in regard to financial liquidity, profitability and ability of an entity, is an indication that these information posited to be presented in publications are the balance sheet, profit and loss account and cash flow statements in which case presented in an accounting manner and ethics. Financial statement in accounting formation is an information needed by varieties of uses classified into internal and external users as posited by American Institute of Chartered Public Accounting (AICPA) is an evident which reveal the relative importance of such information to government present and potential direct financial interest as posited to ‘Peter” indicated the statement report shall use all disclosure, materiality, consistency, conservation, and formation according to Paul (1968). Guiding the financial statement analysis instituting comparativeness is the legal frame work defining its requirement disclosure to the consumption of its users.