<b>FINANCIAL DISCLOSURE AND CAPITAL DECISION OF SMALL AND MEDIUM ENTERPRI SES IN NIGERIA </b>

The operations of small and medium-sized businesses (SMEs) depend heavily on financial transparency and capital decisions, which are essential components of accounting and company management. Financial data is systematically collected, analyzed, and disseminated to improve corporate decision-making. The quality of SMEs' financial reporting in Kwara, Nigeria, can have a big impact on their capacity to raise money, draw in investors, and negotiate a complicated regulatory environment. This study examines the financial reporting and investment decisions made by small and medium-sized enterprises in Kwara, Nigeria. Small and medium-sized enterprises in Nigeria's Kwara State make up the population being studied. Data for the study were collected using a structured questionnaire survey. The collected data was examined using descriptive statistics and chi-square analysis. The study employed a descriptive survey as its research design approach. The findings of the study demonstrate that investing position is impacted by financial situation reporting. Small and medium-sized businesses are impacted by comprehensive income statements, and their investment decisions are significantly influenced by financial reporting. According to this study, all SMEs should follow the requirement that their financial statements undergo a statutory audit in order to verify the accuracy of their contents, and the financial statements of the company should always be considered when choosing which SMEs to invest in.