Journal of
Accounting and Taxation

  • Abbreviation: J. Account. Taxation
  • Language: English
  • ISSN: 2141-6664
  • DOI: 10.5897/JAT
  • Start Year: 2009
  • Published Articles: 110

Full Length Research Paper

Assessment of the non- financial measures of performance of deposit money banks in Nigeria

Adamu Danlami Ahmed
  • Adamu Danlami Ahmed
  • Department of Accounting, Gombe State University, Gombe.
  • Google Scholar
Saleh Mohammad Bahamman
  • Saleh Mohammad Bahamman
  • Department of Accounting, Gombe State University, Gombe.
  • Google Scholar
Muhammad Ibrahim
  • Muhammad Ibrahim
  • Department of Accounting, Gombe State University, Gombe.
  • Google Scholar


  •  Received: 05 June 2015
  •  Accepted: 26 August 2015
  •  Published: 30 September 2015

Abstract

This work aimed at assessing the non- financial measures of performance of deposit money banks in Nigeria. The population of the study comprised the entire 21 banks listed on the Nigerian stock exchange as at December, 2013.  The study employed expos - factor research design; data were collected from a sample of nine (9) deposits money banks. Content analysis method was employed, with the use of scoring and grading method. The study concluded that Nigerian deposit money banks (dmbs) disclose some part of non-financial measure of performance in their annual report, also the study found out deposit money banks disclosed voluntary information in their annual report. It was recommended that steps should be taken by the Federal Reporting Council Of Nigeria (FRCN), Securities Exchange Commission (SEC), Nigerian Stock Exchange (NSE) and other regulatory bodies to ensure full compliance with relevant international financial reporting standards/international accounting standards (IFRS/IAS) accounting disclosure requirements. And to make sure that Nigerian deposit money banks are disclosing financials and non-financial measures in their annual report for better decision making by their users. Lastly, given the importance of performance evaluation for managers, stockholders and investors, it is suggested that the Nigerian Stock Exchange (Nse) and the Central Bank Of Nigeria (CBN) should issue a policy guideline regarding the adoption of balance scorecard (BSC) as performance assessment technique for the nigerian deposit money banks.

 

Key words: Non-financial, voluntary disclosure, performance, deposit money banks.