Description
Prerequisite: ACCT 607 or consent of the instructor
The course covers the central bank mandatory financial regulations that apply to banks. Topics covered include minimum required capital, reserve accounts, liquid assets, deposits to loan ratios, assets-liability matching, risk estimation, ratio of doubtful debts, depreciation of assets, writing off bad debts, allowed legal period for deficiency repairs, methods of reporting and averaging surpluses or deficiencies in liquid assets, risk exposures to off-balance sheet items and promised advances of credit, internal controls and mandatory financial reporting.
