ed audit pruteuures ior tle vermeduon of brds payable issued in previous years t procedures) More Info ose of the audit procedures a. To ensure that the bonds are not subject to unnecessary earflyretirement by bondholders and that proper disclosures are made. Audtproced b. To ensure that bonds payable are not paid more than onoe. bonds payable, intc To determine the nature of restrictions on client as a means of veritying whether the restrictions have been met and to ensure they are adequately disclosed d. To determine if the account balances are reasonable as related to each other and to bondholder examine for unreasonable changes in the account balances. To ensure that the fair value of the bonds are properly stated. enture agreement and revie e. nd indenture provisions has To determine if the calculations are correct and accounts are acurate finterest expense, unamotigTo that the fair value of the assets guaranteed are properly stated h. To obtain independent confirmation of bond indebtedness and collateral. hether each p ovisions for which the audito Print Done sions nd then continue to the next question. Read the reguirements S bonds payable Rlequirements b and c list the provisions for which the audor should he aler in xiing the bond indenture agrooment and expain how Explain how auditor can determine whether each provision's Provisions terms have been met Audit of payments of dividends Requirement d. Explain how the audior should veril the unamortzed bond discount or premium The auior should verily the unamortized bond discunt or premium on a bond that was in force at the begining of he year by Y For bonds issued in the current year, the bond premi ist and then continue to the next question. any Il Type here to search or discount is then calculated and Requirement e. List the information that should be requested in the confirmation of bonds pa Dividend rate B. Maturity date C. Amount of bond D. Payment dates E. Bond discount or premium F. Assets pledged as security G. Restrictions on client activities H. Interest rate gu Market interest rate J. Payment amounts Choose from any drop-down list and then continue to the next question. O Type here to search ed audit pruteuures ior tle vermeduon of brds payable issued in previous years t procedures) More Info ose of the audit procedures a. To ensure that the bonds are not subject to unnecessary earflyretirement by bondholders and that proper disclosures are made. Audtproced b. To ensure that bonds payable are not paid more than onoe. bonds payable, intc To determine the nature of restrictions on client as a means of veritying whether the restrictions have been met and to ensure they are adequately disclosed d. To determine if the account balances are reasonable as related to each other and to bondholder examine for unreasonable changes in the account balances. To ensure that the fair value of the bonds are properly stated. enture agreement and revie e. nd indenture provisions has To determine if the calculations are correct and accounts are acurate finterest expense, unamotigTo that the fair value of the assets guaranteed are properly stated h. To obtain independent confirmation of bond indebtedness and collateral. hether each p ovisions for which the audito Print Done sions nd then continue to the next question. Read the reguirements S bonds payable Rlequirements b and c list the provisions for which the audor should he aler in xiing the bond indenture agrooment and expain how Explain how auditor can determine whether each provision's Provisions terms have been met Audit of payments of dividends Requirement d. Explain how the audior should veril the unamortzed bond discount or premium The auior should verily the unamortized bond discunt or premium on a bond that was in force at the begining of he year by Y For bonds issued in the current year, the bond premi ist and then continue to the next question. any Il Type here to search or discount is then calculated and Requirement e. List the information that should be requested in the confirmation of bonds pa Dividend rate B. Maturity date C. Amount of bond D. Payment dates E. Bond discount or premium F. Assets pledged as security G. Restrictions on client activities H. Interest rate gu Market interest rate J. Payment amounts Choose from any drop-down list and then continue to the next question. O Type here to search