ACCT 405 SEU Income Statement of A Commercial Bank Questions

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College of Administration and Finance Sciences
Assignment (3)
Deadline: Saturday 30/04/2022 @ 23:59
Course Name: Accounting of Financial
Institutions
Student’s Name:
Course Code: ACCT 405
Student’s ID Number:
Semester: 1st
CRN:
Academic Year: 1443 H
For Instructor’s Use only
Instructor’s Name:
Students’ Grade:
/10
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 answers 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.
College of Administration and Finance Sciences
Assignment Question(s):
(Marks 10)
1) “The vast majority of SPEs are VIEs, however VIEs need not be SPEs.”
Explain this statement in your words.
2) Prepare an Income Statement of a Commercial Bank with at least 10 items
using imaginary figures.
3) Firms may disclose their exposure to each type of market risk using any
of the approaches viz. Tabular Format, Sensitivity Approach and Value at
Risk Approach. Explain the differences among these approaches.
4) Leasing has at least five possible competitive advantages over
conventional financing of the cost of capital assets. Explain any four of such
advantages.

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Explanation & Answer:
4 Questions

Tags:
Financial Institutions

Accounting Management

Variable Interest Entities

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