College of Administrative and Financial Sciences
Deadline: 2/11/2019 @ 23:59
Course Name: Accounting of Financial Institutions Student’s Name:
Course Code: ACCT 405 Student’s ID Number:
Semester: I CRN:10515
Academic Year: 2019-20-1440/1441 H
Coercion Instructor’s Interpretation solely
Students’ Grade: Marks Obtained/Out of Level of Marks: High/Middle/Low
Instructions – PLEASE READ THEM CAREFULLY
• The Assignment must be submitted on Blackboard (WORD coercionmat solely) via allocated folder.
• Assignments submitted through email get not attributable attributable attributable attributable attributable attributable be trustworthy.
• Students are advised to effect their labor open and well-mannered-behaved-behaved presented; marks may be frugal coercion deficient bestowal. This includes filling your advice on the meet page.
• Students must observation interrogation number openly in their rejoinder.
• Late dependence get NOT be trustworthy.
• Avoid plagiarism, the labor should be in your avow suffrage, servile from students or other media outside fair referencing get fruit in ZERO marks. No crusty.
• All rejoindered must be typed using Times New Roman (extent 12, double-spaced) font. No pictures containing extract get be trustworthy and get be considered plagiarism).
• Submissions outside this meet page get NOT be trustworthy.
Assignment 2-MARKS -5
Interrogation no 1-
Accounting coercion trustworthiness foolhardy financial instruments not attributable attributable attributable attributable attributable attributable periodical at observed market rate generally involves estimating expected coming Trustworthiness Risks and Losses with regard to its “Disclosers”.
Elucidate this announcement “Disclosers”. in your avow suffrage with statistical ins of the axioms from the Saudi Topical Banks or Financial Institutions. (Predicament Consider) (1.5 marks)
2-Users of financial reports with a iron conception of “How Fair Rate Accounting” labors in assumption and in relatively primal compositions: How interpretationrs can irritate the advice with conextract to Topical Saudi Banks as well-mannered-behaved-behaved as topical financial Institution. “Fair Rate Accounting and Disclosures” to assess their
a) Solvency and profitability improve than is feasible using amortized require accounting advice (interpretation solvency and profitability relevancy from poise quibble)
b) Discretionary “Form Trading” (interpretation disclosures and the rate of Cem Trading)
a) Calculate Solvency and Profitability relevancy from poise quibble of any Saudi Topical banks or financial institutions
b) Calculate Cem or Losses from securities – interpretation Saudi Topical banks or financial institutions
Hints to imply the aloft interrogation
(That is timing of the sale of securities and other financial instruments periodical at amortized require to reap cem or losses and thereby manipulate pay and magnitude rate) – Interpretation the Financial Announcements of the Bank coercion description -Poise quibble coercion statistical in (predicament consider) 2 marks
3-Morgtaga banking is primarily a fee grounded rather than attention rate diffuse –grounded matter.
You are required to narrate and elucidate in short from the constitution of advance bank’s Poise quibble, Pay announcements and Cash run announcements respectively from the statistical advice of Saudi Topical banks (mortgages banks) or financial institutions. (Predicament Consider) (1.5 marks)