Choose any one of the below:

1. Accounting for banking institutions

2. Accounting for Insurance companies (the chosen one) (MEDGULF in ksa)

Project Brief

You are required to present a report on any one of the two titles mentioned above. This project is in two parts:

Part A: You will ideally be focusing on accounting principles and standards that are followed by the chosen financial institution. Your project should cover in detail the unique features of accounting (both treatment as well as disclosure) for your chosen institution. Your point of reference will be financial statements of these institutions as well as credible websites that detail all accounting standards for such institutions. You will be expected to identify the accounting standards that are followed according to local regulatory environment. An up-to-date sectoral information will be expected (10 marks)

Part B: In addition, you are required to conduct a financial analysis for comparative years of 2019 and 2018 of any real institution (banks or insurance companies) listed on Tadawul. The following ratios are required as part of the analysis: (for MEDGULF) (12 marks)

1. Net Profit margin

2. Return on Capital Employed

3. Loan to Assets Ratio

4. Return on Assets

5. Net Interest margin

6. Operating Leverage

You will be tested on your research as well as analysis skills. Present relevant information within the word count limit of 3000 words. The ratios calculation will be excluded from word count however analysis of the ratios will be part of these 3000 words. The financial analysis will begin with a brief introduction of your chosen institution, followed by latest financial development (news or announcements) and then ending with analysis of the ratios.