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 re
liable 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 t
he 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.
