# ASC 205-946-05: Presentation of Financial Statements — Financial Services—Investment Companies — 05 Overview and Background

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/205/946/#05-overview-and-background)

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## ASC 205-946-05: 05 Overview and Background

[Read section](https://asc.understandingaccounting.org/asc/205/946/#05-overview-and-background)

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##### [205-946-05-1](https://asc.understandingaccounting.org/asc/205/946/#205-946-05-1)

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This Subtopic addresses the presentation of financial statements for investment companies, including both of the following matters:

1.  a
    
    The statement of changes in net assets
    
2.  b
    
    Financial highlights.