From a reader who is a dear friend of mine: There are obvious many disparate approaches to asset allocation. Similar to the disparate approaches of any style of investing, each asset allocation ...

From clean toilets to working computers, your company incurs many costs that it cannot assign to one particular "cost object" -- a product, project, department or service. You must nonetheless cover ...

Not-for-profit entities (NFPs) are under constant pressure to devote an increasing portion of their expenditures to accomplishing their mission programs. While this goal sounds appealing, the NFP must ...

Cost allocation is an important tool for any business to understand expenses. It can help managers understand the sustainability of their services and identify costs before they get out of control.

This paper introduces a novel approach for allocating a bank’s risk capital across individual portfolios and transactions. This allocation is pivotal for various capital applications, including ...