NotesFAQContact Us
Search Tips
ERIC Number: ED112744
Record Type: Non-Journal
Publication Date: 1971-Dec
Pages: 5
Abstractor: N/A
Reference Count: N/A
Unit Method of Accounting for Investments.
Jones, Leigh A.
Studies in Management, v1 n1 Dec 1971
The unit method of accounting for investments, also called the market-value method, is defined as a procedure for accurately allocating income and investment gains and losses, both realized and unrealized, between component funds of an investment pool. This procedure provides a data base for the calculation of investment performance. Advantages of the procedure are described, and basic implementation methods are outlined. Details are offered on conversion or start up problems, frequency of calculations, valuation dates, accounting for withdrawals, transfer between pools, distribution of income, performance evaluation, number of investment pools, and recordkeeping. It is noted that the unit method can be made as simple or as sophisticated as the institution may desire and its advantages offset the efforts it takes. (LBH)
National Association of College and University Business Officers, One Dupont Circle, Washington, D.C. 20036
Publication Type: Journal Articles
Education Level: N/A
Audience: N/A
Language: N/A
Sponsor: N/A
Authoring Institution: National Association of College and University Business Officers, Washington, DC.