ACCT 405 – Week 6

Accounting of Financial Institutions4 questions in related to Saudi Arabia Banks the list of questions you can find in attached. Thanks

College of Administrative and Financial Sciences
Assignment-1
Course Name:
Student’s Name:
Accounting of Financial Institutions
##
Course Code: ACCT 405
Student’s ID Number: ##
Semester: First Semester
CRN: ##
Academic Year: 1440/1441 H
For Instructor’s Use only
Instructor’s Name: Dr. Abdullah A. Alakkas
Students’ Grade:
Level of Marks: High/Middle/Low
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 Question(s):
1- With reference to the SAMA (the regulatory institutions of Saudi Arabia)
a. The Banks, which are listed in the Saudi stock exchange how, are they
applying IAS (International Accounting Standard)? Explain
b. As per the Saudi stock exchange, what are the main sources of value of
financial Institutions and which financial Institutions are using the fair
market value accounting? Explain
c. What are the main risks of the financial institutions in Saudi Arabia?
And which financial instruments are being evaluated using amortized cost
accounting? Explain in your own words.
(Case study)
2- In your opinion, how the Saudi Arabian bank managers are managing the risks
involved in the local market liquidity as well as the international capital
requirements to cover the credit risks, market risks operational risk and liquidity
risk? How it is going to ease and solve the current financial requirement of the
markets? Explain in your own words. (Case study)
3- As we know that the Banking system in Saudi Arabia are one of the most
modern and developed banking system in the Gulf Region.
a. Explain the classification of bank and the banking system as per the
requirement in Saudi Arabia” kinds of banks, Number of branches,
numbers of ATM, ownership structure, size of banks measured by total
assets and explain whether or not merger or acquisition transactions are
required to improve performance through small number of banks with
large branch networks instead of large number of banks with small
branch networks
b. Are they fulfilling the needs of the society? Businesses and the
government? Give statistical example (Case study)
4- As we know that, Thrifts are one of the most important pillars of the banking
system. Describe the structure of thrifts in Saudi Arabian banking system. What
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are the risk returns tradeoff that thrift faced in local banking system? (Case
study) Give statistical example
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Answer:
(Marks ??)
1)
2)
3)
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