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Accounting for Investments
Format
Self-Study
Course Level
Overview
CPE Credits
3 Credits: Accounting
Course Description
Many organizations have an excess amount of cash for that they do not have an immediate need, so they invest it in a variety of debt and equity securities, or other forms of investment. How are they supposed to account for these investments and how should the investment process be managed? In Accounting for Investments, we define the types of investment classifications, how the accounting varies for each one, and how to deal with a number of investment transactions, including purchases, impairments, changes in value, and sales. The course also addresses the situations in which the equity method must be used, and demonstrates how the method functions. Further, the course covers investments from a control perspective, with an entire chapter describing a number of investment controls, as well as an investment procedure and several investment policies. In addition to the general discussion of investment accounting, there is a more specific examination of the accounting for investments in a nonprofit environment.
Learning Objectives
Upon successful completion of this course, participants will be able to:
Chapter 1
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- Identify the characteristics of the various types of investments and the rules under which the investment classifications can be used.
- Also note the activities that will trigger the recognition of unrealized gains and losses.
Chapter 2
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- Specify the impact of various investee actions on an investor’s equity method recordation of its investment in the investee.
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Chapter 3
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- Recognize the rules under which a nonprofit can record a purchased investment.
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Chapter 4
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- Cite State the policies used to govern the administration of investments, and identify the dangers posed by measuring certain investment outcomes.
Course Specifics
1143392
January 4, 2023
There are no prerequisites.
None.
81
Compliance Information
CMA Notice: Western CPE makes every attempt to maintain our CMA CPE library, to ensure a course meets your continuing education requirements please visit Insitute of Management Accountants (IMA)
CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.
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Meet The Experts

Steven M. Bragg, CPA, is a full-time book and course author who has written more than 250 business books and courses. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast. Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and …