An assessment of financial statement in decision making is of great important in any organization the coca cola in ilorin. Assessment and statement in decision making.
However the prominent of financial and other decision making cannot be over emphasized most especially in coca cola depot.
Chapter one contain the historical background of the coca cola which happen to be the mother of companies.
Chapter two contain literature review, the introduction, the concept of the study and source of the study .
Chapter three contain research methodology, research design, source of data and the sampling techniques.
Chapter four contain the data analysis and interpretation.
Chapter five contain the summary, conclusion and recommendation.
TABLE OF CONTENT
Table of content
CHAPTER ONE: INTRODUCTION
- background of the study
- statement of the study
- significance of the study
- research hypothesis
- scope of the study
- limitation of the study
- plan of the study
- definition of terms
CHAPTER TWO: LITERATURE REVIEW
- financial statement and decision making introduction
- importance of book-keeping and financial statement for management
- purpose of financial statement to decision making
- financial statement and planning
- financial statement and control
- financial statement as an aid to measuring performance
- interpretation of company annual report
- ratio analysis
CHAPTER THREE: RESEARCH METHODOLOGY
- historical background of Nigeria bottling company
- research design in assessing financial statement in decision making.
- Population study in assessing financial statement in decision making
- Sample and sampling techniques in assessing financial statement in decision making
- Data collection instruments
- Method of data collection
- Method of data analysis in assessing financial statement in decision making
- Limitation of the methodology
CHAPTER FOUR: PRESENTATION, ANALYSIS AND INTERPRETATION
- data presentation and interpretation
- testing of the hypothesis
CHAPTER FIVE: SUMMARY, CONCLUSION AND RECOMMENDATION
- a brief introduction of the chapters
- summary of the whole study
- summary of the findings
- suggestion for further study
- BACKGROUND OF THE STUDY
Financial statement has been defined by the statement of accounting standard no. 2 (sas 2) as the means of communicating to interested parties, information on the resources obligation and performance of the reporting entity or enterprises financial statement therefore, are statement of statement of summarized transaction of a business organization, prepared and presented basically for a time period for various decision making situation by a variety of users.
According to SAS no 1 financial statement are on conversion derived from experience. The conversion originated from such concepts as entity, going concern, periodicity, realization, matching, consistency and historical cost. The purpose of this statement is not evolve a basic theory of accounting but to identify some of these concepts wh1ich are generally accepted. Finance statement are there generally accepted. Financial statements are there fore expected to be simple, clear and easy to understand by all users. The publisher financial statement are prepared inform of reports.
However, many people think of financial statement as statement highly technical documents which can be understood by those with accounting knowledge financial statement provide information needed as a basis for making business decision that will enable management to guide the company on a profitable and solvent course.
Financial statement consist of balance sheet profit account and loss account, notes to the account cash flow statement, value added statement and historical financial summary.
Decision making is normally derived as a choice. Between at least alternatives courses of action. If a choice does not have to be made to solve problem. An individuals is not actually involved in a decision are influenced by a combination of objective and factors. In most situations, it is possible to analyze some of the consequences of alternative action in decision. Financial statements of provide a means for such quantitative analysis. Users of financial statement include investors, potential employer, potential director, and rvenue and regulatory, authorities (sas1).
The need information about business organization in making business decision but have neither direct access to the reporting organization records legislature power to them in special manner.
Management of the company therefore, met the needs of these users preparing general financial statement covering the result of business activities and the economic resources entrusted to them and obligation incurred by entrusted to them and obligation by them.
- STATEMENT OF THE PROBLEM
It was unfortunate, that the management of the business organization and some other users of financial statement do not use them when making vital business decisions.
- OBJECTIVES OF THE STUDY
The main objectives of this project is to collect information and understanding of the use of information, the financial statement provided on the affair of a company (i.e coca cola bottling company, ilorin) and server as an aid to the management decision making. Much emphasis is going to the laid on the interpretation of accounting figure rather than the process of data accumulation and statement preparation. Nevertheless, for read approach and professionals in accounting sector who wish to give an understanding of how accounting serves as an aid to management decision making which goes beyond the narrow professional approach found in day of fay running of organization. Therefore, the study will critically examine the extent to which financial statements decision making. It which show the principles that will guide the financial management accounts of coca cola company in preparing their financial statement for management consumption. The study will pinpoint some weakness that need retredy and financial statement should be related upon to be used as to planning, policy and control in an organization. It will provide the ways of measuring pass operations, regulating performance and future estimate.