ABSTRACT

The purpose of this study was to examine banks, on investments and performance appraisal. It was also to ascertain the problems of using financial reports to access performance of banks and finally to determine 17 there’s a relationship between financial reporting and performance evaluation of a bank.The inductive research method was adopted and the statistical analysts, particularly the chi-square and t-distribution test were used in the analysis of the data collected from the bank.

    The findings of the study were that:
1.    Source financial statement contained in the financial reports influence investment remarkably in banks.
2.    The annual reports do not reflect inflationary effects in the country today.
3.    The financial reports were prepared adapting a general purpose nature with the assumption that different user as of the report have different information needs.
The following conclusions ere made:
    Although investors and performance evaluation analyst relied on financial statement in their decisions and appraisal, the reliability of financial report especially during inflation cannot be assured owing to the historical cost convention used as a basis for asset valuation by banks. This is because; the profits of an accounting year would not usually show a true figure owing to the courage effect of inflation. Therefore, managerial decision of banks based entirely on financial reports will lend to poor and inadequate decisions.

   The recommendations and suggesting made were base wholly on the out come of the study, for example, on the problem inflation, it was recommended that the bank should adopt the current cost accounting basis for its financial reporting ensure credibility and reliability of information, by the various users, given the inflationary relatives.





                            


 TABLE OF CONTENT

TITLE PAGE
APPROVAL PAGE
DEDICATION
ACKNOWLEDGEMENT
ABSTRACT



TABLE OF CONTENTS

CHAPTER ONE INTRODUCTION
STATEMENT OF THE PROBLEM
OBJECTIVE OF THE STUDY
RESEARCH QUESTIONS
RESEARCH HYPOTHESIS
SIGNIFICANCE OF THE STUDY
SCOPE AND LIMITATION OF THE STUDY
DEFINITION OF TERMS


CHAPTER TWO
REVIEW OF RELATED LITERATURE
HISTORICAL BACKGROUND OF UNION BANK OF NIGERIA PLC
THE NEED FOR FINANCIAL REPORTS
THE COMPOSITION OF THE FINANCIAL REPORTS
THE CHAIRMAN REPORTS
THE DIRECTORS REPORT
THE AUDITORS REPORT
 THE FINANCIAL STATEMENT

2.4       VARIOUS USERS OF FINANCIAL REPORTS AND THEIR
                       INFORMATION NEEDS          
2.4.1    SHAREHOLDERS
2.4.2    LONG-TERM CREDITORS
2.4.3    SHORT-TERM CREDITORS
2.4.4    TAX AUTHORITIES AND GOVERNMENT
2.4.5    EMPLOYEES AND TRADE UNIONS
2.4.6    MANAGEMENT
2.4.7    ANALYSIS ADVISES
2.5        FINANCIAL REPORTING BY BANKS
2.5.1    INTRODUCTION
2.5.2    THE PRUDENTIAL GUIDELINES
2.6         PERFORMANCE EVALUATION IN THE BANKING
                          INDUSTRY
2.6.1    EFFICIENCY AND PROFITABILITY
2.6.2    POTENTIAL AND ACTUAL GROWTH
2.6.3    LOANS AND ADVANCES


CHAPTER THREE
3.0    RESEARCH DESIGN AND METHODOLOGY
3.1    RESEARCH DESIGN
3.2    SOURCES OF DATA
3.2.1         PRIMARY SOURCES
3.2.2         SECONDARY SOURCES
3.3         POPULATION OF THE STUDY
3.4          METHOD OF DATA PRESENTATION

3.5    METHODS OF DATA ANALYSIS 





CHAPTER FOUR

DATA PRESENTATION AND ANALYSIS
DATA ANALYSIS TECHNIQUES
TEST OF HYPOTHESIS



CHAPTER FIVE
FINDINGS, RECOMMENDATIONS ANS CONCLUSIONS FINDINGS
RECOMMENDATIONS
CONCLUSION
BIBLIOGRAPHY
APPENDIX