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Class of Assets: A Class of Assets Is A Grouping of Assets of Similar Nature and Use in An Enterprise's Operations
Class of Assets: A Class of Assets Is A Grouping of Assets of Similar Nature and Use in An Enterprise's Operations
Class of assets
Accounting
A class of assets is a grouping of assets of similar nature and use in
an enterprise’s operations
Categorization of assets the grouping of similar assets into categories. This is done because,
under International Accounting Standards Committee rules, tangible and intangible assets cannot
be revalued on an individual basis, only within a class of assets.
Asset Allocation Methodologies
Best Practice
Considering that 20 years is about the limit of the available data series for many asset classes,
you can see how this can create problems when it comes to generating asset allocation results in
which you can have a high degree of confidence.
By Tom Coyne