18.0 Note: About “Chapter 18”

“Chapter 18 — Investments”, is actually Chapter 12 from an OER textbook called Financial Accounting.  See additional information below:

Financial Accounting is adapted from a work produced and distributed under a Creative Commons license (CC BY-NC-SA) in 2012 by a publisher who has requested that they and the original author not receive attribution. This adapted edition is produced by the University of Minnesota Libraries Publishing through the eLearning Support Initiative.

This adaptation has reformatted the original text, and replaced some images and figures to make the resulting whole more shareable. This adaptation has not significantly altered or updated the original 2012 text. This work is made available under the terms of a Creative Commons Attribution-NonCommercial-ShareAlike license.

For questions about this textbook please contact textbookuse@umn.edu

SPSCC note:

A bit of history might be useful here — about 20 years ago, FASB made significant changes to the way we account for investments in equity and debt (bonds) securities.  The topic became very complex and was often eliminated from the introductory financial accounting courses.  This is why the OER book that we’ve used thus far didn’t have a chapter on investments.  So I had to look for other OER textbooks for a chapter on the topic.  You will probably notice the change in authors through their writing.