College of Administrative and Financial Sciences
Deadline: 31/10/2020@ 23:59
Course Name: Accounting for Financial
Course Code: ACCT 405
Student’s ID Number:
Academic Year: 1442H
For Instructor’s Use only
Students’ Grade: Marks Obtained /Out of 5
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 answered 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.
Assignment Questions (5.00 marks)
Q1. The kingdom’ banking sector is working with international standards by applying IFRS in
preparing and presenting financial statements and applying BASEL guidelines in risk management.
Explain the international accounting standards applied and mechanisms...
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