A business that has a range of investments needs to account for them - and those investments are subject to a number of accounting rules. Accounting for Investments clarifies the situation by describing how the accounting varies for each type of investment classification. The manual also notes the treatment of impaired assets, how to deal with realized and unrealized gains and losses, and the treatment of other accounting concepts. In addition, the manual describes the controls, forms, and procedures needed to effectively manage investments. In short, it addresses every possible aspect of the accounting for investments.