This course offers a basic study of investment companies, covering their structure, regulatory environment, taxation, and accounting practices. Participants will explore the organization and management of investment companies, the calculation of Net Asset Value (NAV), and the accounting treatment of various securities and investment activities. Key topics also include shareholder accounting, expense management, qualification requirements, and financial reporting standards. This course is most beneficial to professionals new to investment companies who may be at the staff or entry level in an organization but also for an experienced professional with limited exposure to investment companies.