This course addresses accounting for the investments held by NFPs. NFPs acquire various kinds of investments through contributions or purchases. This course offers accounting guidance on the initial recognition and measurement of investments, investment income and expenses, the measurement attributes used for subsequent valuation, investment pools, unrealized and realized gains and losses, and financial statement presentation and disclosures related to credit risk, derivatives, fair value, investments, and investment pools. Who Will Benefit - New accountants interested in the basics of accounting and financial reporting requirements that apply to not-for-profit entities. - Experienced accountants that are new to the not-for-profit industry or are in need of a refresher on the basics of accounting and financial reporting requirements that apply to not-for-profit entities. Key Topics - Investment income and expenses - Subsequent valuation - Investment pools - Unrealized and realized gains and losses - Financial statement presentation and disclosures related to credit risk, derivatives, fair value, investments, and investment pools Learning Outcomes - Distinguish between categories of investments. - Recall the characteristics of investment pools. - Identify the reporting requirements related to investments and investment income.