Information is an essential ingredient in assessing an organisation's performance. A business entity must have financial statements that are capable of providing reliable and relevant information about all the important aspects of an entity's performance. Obtaining and assessing information about corporate performance is essential to investors in their decision either to invest or not to invest in an organisation's share. Financial statements are used to make decisions. They are used by shareholders and investors, and also by lenders, as well as by management. Financial statement analysis is important to the management, owners, personnel, customers, suppliers, competitors, regulatory agencies, tax payers, lenders, academics and others, each having their views in applying financial statement analysis in their evaluations and making judgments about the financial health of organization. The financial statements contain a large number of figures, but the figures themselves do not necessarily have much meaning to a user of the financial statements. This book Comparative Analysis of the Performance of Some Selected Financial Institutions Using Financial Ratios is a must read for all.
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