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Question no 1- With reference to the SAMA (the regulatory institutions of Saudi Arabia) a) The Banks, which are listed in the Saudi stock exchange
Question no 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.
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