The Effects of Public Perceptions on Financial Statements of Nigerian Banks: An Expository Survey of Taraba State

Abstract

This research work assesses the Effects of Public Perceptions on Financial Statements of Nigerian Banks: An Expository Survey of Taraba State. This study employed survey design because it allows administration of questionnaire. The study utilizes primary as while as secondary data. Primary data were gotten through the use of questionnaires while secondary data were obtained from textbooks, newspapers, magazines, Journals and internet. Tables and simple percentages as well as Analysis of Variance were used as a tool to test hypotheses formulated and subsequent analyses. This study found that the perception of the general public made significant effects on decision making; the methods of analyzing financial statement such as vertical analysis, horizontal analysis, and so on yield results that affects entities in Jalingo metropolis and that ratio analysis is an effective method of analyzing financial statement. This research work recommended among others that since financial statement are seen as a tool for decision making, efforts should be made to ensure that it conveys the current economic realities of the day to enable the general public have a positive perception on the financial statement of an enterprise; because financial statement showcase stewardship of the management, it should be relied upon because it is still the best option for communicating financial information about the efficiency of performance and otherwise of an organization ; ratio analysis should always be adopted in analyzing financial statement because of its effectiveness and that students who may wish to carry on subsequent research on similar topic should extend the tentacle of their study beyond the circumference of one state, making it a comparative study.