A comparative analysis of African Bank Limited's credit risk disclosure

Abstract: Banks play an integral role within the financial system of a country and when a bank thrives or fails, this systematically impacts the economy of a country. The curatorship of African Bank by the SARB was an attempt to reduce the losses that would have been experienced by the users (creditors, investors, customers and employees and other banks) of African Bank. The purpose of financial statements in the Conceptual Framework is centred around the users of financial statements, that is, the financial statement should provide relevant information that is useful for decision making purposes such as to invest or not. Thus, the study’s first intent is to determine, through in-depth analysis of African Banks’ credit risk disclosure for the 2009 to 2013 financial periods, whether a pending crisis in the bank could have been detected by users to a certain extent. The second intent is to ascertain whether any lessons had been learnt in the new African Bank for the 2016 to 2017 financial periods...M.Com. (International Accounting