Asset Ledger Definition

Asset Ledger Definition

What Is An Asset Ledger? The asset ledger is the portion of a company’s accounting records that details the journal entries relating only to the asset section of the balance sheet. Asset ledgers will have many sub-accounts. The larger the company, the more numerous and complex the asset ledgers will be. Key Takeaways The asset

Asset-Prison accountability Committee (ALCO): Definition, Place, Example

Asset-Prison accountability Committee (ALCO): Definition, Place, Example

What Is an Asset-Liability Committee? An asset-liability committee (ALCO), also known as surplus management, is a supervisory group that coordinates the management of assets and liabilities with a goal of earning adequate returns. By managing a company’s assets and liabilities, executives are able to influence net earnings, which may translate into increased stock prices. Key

Asset/Legal responsibility Control: Definition, That means, and Methods

Asset/Legal responsibility Control: Definition, That means, and Methods

What Is Asset/Liability Management? Asset/liability management is the process of managing the use of assets and cash flows to reduce the firm’s risk of loss from not paying a liability on time. Well-managed assets and liabilities increase business profits. The asset/liability management process is typically applied to bank loan portfolios and pension plans. It also

Asset Combine Definition

Asset Combine Definition

What Is Asset Mix? The asset mix is the breakdown of all assets within a fund or portfolio. Broadly, assets can be assigned to one of the core asset classes: stocks, bonds, cash, and real estate. Within that, assets can be mixed even further. An asset mix breakdown helps investors understand the composition of a