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It tends to view the assessment of financial risk as a purely intellectual affair, involving the calculation of asset returns, probabilities and allocation of capital.
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In preparing financial statements, the accountant must select from a variety of measurement systems, often standardized by industry or government regulation, that guide the calculation of assets and liabilities.
He was mum about how much the company manages through those deals, but said that revenue for the company is still based on a calculation of assets under management.
However, some property is excluded from the calculation of assets.
The second will let schemes "smooth" their calculations of assets and liabilities during valuations in 2013.
Asset indicators are combined in the calculation of the 'Asset Index'.
Details about the calculation of the asset index can be found in other publications from the Matlab HDSS (23).
Second, in light of our concern with programmatic decision making, our calculation of the asset index for determining wealth quintiles and concentration indices differed from the nationally representative populations used by the World Bank and others [ 32, 33].
The evaluation of the controllable adaptation strategies against the risks and impacts of the uncontrollable incidence of severe storms enables the calculation of the asset-based indicators for the comparison of adaptation strategy performance relative to total community assets.
More broadly, the report makes clear that the notion that customer assets are safely segregated, at least at commodities brokers, is an illusion thanks to a lax calculation of customer assets allowed by the Commodity Futures Trading Commission, which regulates commodities brokers.
The CME Group, which is both the largest commodities and futures exchange and also regulates many brokers, told me this week that when MF Global collapsed last year, four of the 40 firms it oversees were still using an "alternative" calculation of customer assets that vastly understates what firms actually owe.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com