Assets under custody (AUC) refer to the total value of financial assets that a custodian holds on behalf of clients, ensuring safekeeping and settlement of transactions. Assets under administration (AUA), on the other hand, encompass a broader range of services, including managing and servicing these assets, which may involve accounting, reporting, and compliance functions. While AUC focuses solely on the safekeeping aspect, AUA includes additional administrative services related to asset management.
Net Worth or Equity
Real assets are physical assets such as plant, machinary, vehicles, stock/ inventory. Financial assets, are cash, bonds, shares etc., etc.
Current assets are assets include assets that will converted into cash or consumed in the current operating period while total assets include all assets regardless of when they will be converted to cash or consumed.
They are one and the same and they are used interchangeably.
In financial terms, equity represents the ownership interest in a company, while assets are the resources owned by the company. Equity is the difference between a company's assets and liabilities, reflecting the net worth of the business. Assets, on the other hand, are the tangible and intangible resources that a company owns and can use to generate revenue.
Equity
Personal assets is assets that are owned by a person. Company assets are assets that are own by the company.
AUC is the value of assets held under custody by a "custodian of securities".
Asset Under Management are investment funds and pools managed by a fund manager. Investment decisions for these assets are made by the fund managers; the only decisions from the clients would be whether or not to own the fund. Assets under Administration are client accounts in Wealth Management. Investment decisions, either at the strategic or tactical levels, are made by the account owners.
assets are what the business owned and liabilities are what the business owe.
The differences between assets and fixed assets are; If you take an asset you will get your money back anytime but if you get a fixed assets the bank will keep your money untill the timeframe is over.
The term "full administration" implies that the person holding it has either the Power of Attorney over an individual -or- the Executor of the estate of a deceased. A "release of administration" indicates that the individual gives up or surrenders these powers.
What_is_the_difference_between_vouching_and_verification_of_assets_and_liabilities
the difference between total current assets and total liability is the working capital. It goes with a formula 'current asset -current liability =working capital '
Yes - it's the sum of your assets minus the sum of your liabilities.
Net Worth or Equity
Real assets are physical assets such as plant, machinary, vehicles, stock/ inventory. Financial assets, are cash, bonds, shares etc., etc.