Agreed-Upon Procedures·Engagement 03 of 06
Covenant Compliance
Bank covenants, shareholder-agreement covenants, and bond indenture tests.
What we do
Bank covenants, shareholder-agreement covenants, and bond indenture tests. We compute the covenant ratios against the contractual definition (which is often not the same as the GAAP definition) and report on compliance as at the test date.
Other engagements under Agreed-Upon Procedures