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Q1. Accounting in the financial institutions has special characteristics compared to the non-financial institutions, discuss this statement...

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Accounting

Q1. Accounting in the financial institutions has specialcharacteristics compared to the non-financial institutions, discussthis statement and explain characteristics of balance sheets,income statement and cash flow statement in banks.

Q2. Regulations require banks to do detailed disclosure on thequality of assets, discuss this statement and explain the kind ofdisclosure on quality of loans done by banks working in SaudiArabia.

Q3. In thrift banks in USA, the structure of income has beenchanged because the intermediation role is no longer the mainsource of income, discuss this statement and explain the structureof income of banks in Saudi Arabia.

Accounting for Financial Institution

Answer & Explanation Solved by verified expert
4.3 Ratings (520 Votes)
The three financial statements are 1 the Income Statement2 the Balance Sheet and 3 the Cash Flow Statement These threecore statements are intricately linked to each other and this guidewill explain how they all fit together By following the stepsbelow youll be able to connect the three statements on yourownOverview of the three financial statements1 Income statementOften the first place an investor or analyst will look is theincome statement The income statement shows the performance of thebusiness throughout each period displaying sales revenue at thevery top The statement then deducts the cost of    See Answer
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