THE IMPACT OF FINANCIAL REPORTING ON CORPORATE FINANCIAL PERFORMANCE OF QUOTED DEPOSIT MONEY BANKS IN NIGERIA

ABSTRACT The study examined the impact financial reporting on corporate financial performance of quoted deposit money banks in Nigeria. Data collections were both form primary and secondary sources. the primary data was basically obtained by administration of questionnaire to the respondents. the study adopted the survey research design. The population of comprise of 90 employees of the company. A sample size 60 was obtained using simple random sampling technique, also, 60 copies of a well-structured questionnaires were sent and returned by the respondents. The analytical tool used for data analysis was ANOVA. A descriptive statistic was employed for the study. This is because data were subjected to frequency and percentages. The findings of the study show that financial reporting has significant impact on the corporate performance of the company; that the information provided in financial statement is adequate to support good decision making. Based on these findings, the study recommends that the financial reports of the organization operations should be made available to the users on time so that they can make informed decision.