COUSY DISTRIBUTORS, INC. PARTIAL AUDIT PROGRAM-INVESTMENTS SEPTEMBER 30, 20X8 (a) Foot and crossfoot the analyses. (b) Trace the September 30 balances to the general ledger and financial statements. (c) Trace the beginning balances to the prior year's working papers. (d) Obtain positive confirmation ofthe investments held by any independent custodian as of the balance sheet date. (e) Determine that income from investments has been properly recorded as accrued or collected ( For investments in nonpublic entities, compare carrying value to information in the most (g) Determine that all transfers among held to maturity, trading, and available for sale securities (h) Determine that any other than temporary decline in the price of an investment has beern by reference to published sources, by computation, and by tracing to recorded amounts. recently available audited financial statements. have been properly authorized and recorded properly recorded REQUIRED: (1) For each of the procedures listed above, identify the primary financial statement assertion relative to investments that would be addressed by each procedure Write three additional substantive auditing procedures the CPA should consider in auditing Cousy's investments. (2)