When Should You Include a Separate List of Illustrations with Your

question 36

Essay

When should you include a separate list of illustrations with your report?

---

Definitions:

Noncallable Bonds

Bonds that cannot be redeemed by the issuer before their maturity date, providing certainty to investors regarding the bond's interest payments and return of principal.

Issuing Corporation

A legal entity that offers its securities for sale to the public, typically through a stock exchange.

Carrying Amount

The book value of an asset or liability, determined according to the relevant accounting standards.

Unamortized Discount

The portion of a bond's original issue discount (OID) that has not yet been amortized or expensed over the term of the bond.