Accounting of Financial Institutions

Instructions – PLEASE READ THEM CAREFULLY

The Assignment must be submitted on Blackboard (WORD format only) via allocated folder.

Assignments submitted through email will not be accepted.

Students are advised to make their work clear and well presented; marks may be reduced for poor presentation. This includes filling your information on the cover page.

Students must mention question number clearly in their answer.

Late submission will NOT be accepted.

Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.

All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).

Submissions without this cover page will NOT be accepted.

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Assignment 1-MARKS -5

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

How the interest rates are determined? and

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

Answer

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)

Answer:

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)

Answer

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)

Answer:Assignment no 1 has been posted on BB. Kindly go through the assignment and follow the deadline. You must fill in the personal information on the cover page and attach it to the assignment. Submit your assignment in word format. Do not submit your assignment in PDF format. Do not use many colors while writing the assignment, especially red ink or red color font. The Font size should be 12.

Please do not copy and paste the assignment material or answer from any of your friend (student), it is an act of plagiarism.

• In case students are found engaging in plagiarism more than 30%, they may get zero marks in their assignment or course. Both students will get zero marks ( from whom the student has copied and the same student who has submitted the plagiarized assignment)
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