Explain the international accounting standards applied


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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 used to manage risks in the kingdom' banking sector as well as shed light on its main performance measures disclosed by SAMA.

The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.

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Financial Accounting: Explain the international accounting standards applied
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