Question
Project Title: Choose One of the Following: 1. Accounting for Banking Institutions 2. Accounting for Insurance Companies. Project Brief You are required to present a
Project Title: Choose One of the Following: 1. Accounting for Banking Institutions 2. Accounting for Insurance Companies.
Project Brief You are required to present a report on any one of the two titles mentioned above.:
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
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