College of Administration and Finance Sciences
Assignment (1)
Deadline: Saturday 07/10/2023 @ 23:59
Course Name: Accounting of Financial
Institutions
Student’s Name:
Course Code: ACCT 405
Student’s ID Number:
Semester: 1st
CRN: 11042
Academic Year: 1445 H (2023-2024)
For Instructor’s Use only
Instructor’s Name: Habiba Moabber
Students’ Grade:
/15
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 15)
1) (a) How can you calculate various Capital Adequacy Ratio under Bank
Regulation? Explain them.
( 3 Marks)
(b) State the Banking Regulation for Capital Adequacy of Banks in
Saud Arabia.
(2 Marks)
2) Discuss any three points of differences between Fair Value Accounting
and Amortized Cost Accounting. Give example for each of these
methods.
(3 + 2 Marks)
3) From the following information prepare Income statement of Thrift.
(5 Marks)
Non-Interest Income
$ 35,550
Interest Income
$ 150,740
Non-Interest Expenses
$ 48,917
Tax Expenses
$ 18,435
Provision for Loan Losses
$ 12,780
Interest Expenses
$ 40,650
(Note: Format of Income Statement of Thrifts must be used)
Solution: