INTRODUCTION
Investments are assets held by an enterprise for earning income by way of dividends, interest and rentals, for capital appreciation, or for other benefits to the investing enterprise. Investment Accounting is done as per AS 13, Accounting for Investments which deals with accounting for investments in the financial statements and related disclosure requirements except:
(i) Bases for recognition of interest, dividends and rentals earned on investments
(ii) operating or financial leases
(iii) investment of retirement benefit plans and life insurance enterprises
(iv) mutual funds, etc.
Note : Assets held as Stock-in-trade are not ‘Investments’
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