Brief Introduction

Recent researches have shown that one of the main causes of indigenous business failure in this country is failing to maintain proper financial records. Many businesses have been operated with merely a single entry memorandum record of transactions and others with no records whatever, except possible cheque stubs. As a result, business decisions are based on guesses and intuition. Ola (1985).

In today’s economy information and accountability have assumed a larger role in our society. This is why it is a statutory company and allied matte decree (1990), for all registered companies in the country to prepare and present financial statements in accordance with the relevant accounting regulations.

Business organizations have to analyze their financial statements or accounts by way of interpretation, simplification, and transaction of facts and data contained in the financial statement.

The essence of this is to draw relevant conclusions, make inferences as to the business operations financial positions, and future prospects of the organizations.

Table of Content

CHAPTER ONE
INTRODUCTION
1.1 Background of the study
1.2 Statement of problems
1.3 Objective of the study
1.4 Significance of the study
1.5 Historical background of the firms understudy
Note
CHAPTER TWO
LITERATURE REVIEW
2.1 Financial information and its users
2.2 The nature of financial accounting conventions
2.3 The concepts and conventions
2.4 Development of generally accepted accounting principles
2.5 A review of working capital
2.6 The contents of the financial statement
2.7 The statement of sources and application of fund
2.8 The auditors report on financial statements
2.9 Cash budgets
2.10 Financial analysis
2.11 Financial ratios
2.12 Empirical studies on ratios as predictive of business
2.13 Leverage in business
Notes
CHAPTER THREE
3.1 RESEARCH METHOD AND DESIGN
3.2 Sources of data collection
3.3 Primary sources of data collection
3.4 Secondary sources of data collection
3.5 Data collection and procedures
3.6 Analytical techniques
3.7 Determination of sample size
3.8 Validation of research instrument
CHAPTER FOUR
ANALYSIS AND INTERPRETATION OF DATA
4.1 The balance sheet of benix
4.2 Analysis of financial statement of benix limited and its interpretation
4.3 The balance sheet of bonus limited
4.4 The profit and loss account of bonus limited
4.5 Analysis of the financial statement of bonus limited and its interpretation
4.6 Presentation and analysis of data
CHAPTER FIVE
5.0 Summary findings, recommendation and conclusion
5.1 summary of findings
5.2 recommendation and conclusion
Bibliography
Questionnaire