During an audit of the financial statements of Custer-McClurg, Inc., Timothy Barnes, the engagement manager, requested and received a client prepared property and casualty insurance spreadsheet that included information about premiums.

Required:

1. Identify the type of information, in addition to premium information, that would ordinarily be included in a property and casualty insurance schedule.

2. What audit procedures should Barnes perform to test the client prepared property and casualty insurance schedule?