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ACCT 405 Saudi Electronic Accounting of Financial Institutions Question

Question Description

Question no 1- What do you mean by Changes in Interest Rates?

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How the interest rates are determined? and

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In your opinion what are Forces That Causes Changes in Interest Rates? (1.5 marks)

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Answer

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Question no 2- With reference to the accounting standard, in Saudi Arabia which accounting standard are being used to boost the bank loan-loss-reserve without making capital impact. (1.5 marks)

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Answer:

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Question no 3- With reference Saudi Arabian banking system, in your opinion, who is authorized to control and reduce the financial risks in the kingdom of Saudi Arabia? Write a detailed notes in your own words. (1 mark)

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Answer

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Question 4-What mechanisms has been used in Saudi Arabia to protect the Saudi Central Bank resources to maintain and manage the possible risk and compliance? (1 marks)

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