This came up in a question on pg 10 of the 2009 released essay questions. Are implied assets and implied liabilities no longer in the curriculum? I did not see them in the CFAI glossary/index.作者: former 时间: 2011-7-11 19:34
No luck, it's still there.
"A notable implied asset for many is the present value of one’s employment capital, often referred to as human capital or net employment capital. Expected pension benefits are another implied asset that, although non-tradable, provide specific value to the investor."
(V2, p. 225).
This is different from what I got from Schweser, though.作者: NakedPuts00 时间: 2011-7-11 19:34
its just human capital shun, lay off the Schweze.作者: Darien 时间: 2011-7-11 19:34
gotcha. hit that section tomorrow. again. sigh作者: jmh530 时间: 2011-7-11 19:35
