ACCT 405 Saudi Electronic Financial Instruments and Institutions Discussion


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.