Accounting for Bonds

An organization that sells bonds to investors must deal with a variety of transactions. In the Accounting for Bonds manual, we cover the accounting for every possible event, including the initial bond issuance, interest payments, the amortization of discounts or premiums, and the eventual redemption of bonds. We also address several related topics, including the effective interest method, how to account for convertible bonds, and dealing with bonds issued between interest payment dates.