Assignment Question(S): Each Question Carries 2.5 Marks
1. Financial institutions have the option to use fair value accounting, discuss advantages and did advantages of using fair value accounting by financial institutions.
2. Explain similarities and differences between financial counting in banks and financial accounting in non-banks in terms of preparations and presentation of financial statements.
3. Perform SWOT analysis for banking system in the kingdom of Saudi Arabia.
Answer:

4. Saudi banks apply international standards in measuring risks; explain how Saudi banks measure credit risk, market risk and operational risk.