Unformatted text preview: How would you change those numbers at point (b) above? What would you do at point (c)? Points (d) and (e)? Exercise 3.2 Based on your answers above, or on your insights and intuitions from prior experiences, what financial reports would be necessary to provide financial statement users with a satisfactory understanding of the activities of the issuing and buying firms with respect to the bond contract? What information would each report provide that the others do not?...
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- Fall '08
- International Financial Reporting Standards, coupon payment, DEPARTMENT OF ACCOUNTANCY