1. Chapter 10: The Capital Account
Fifth meeting of the Advisory Expert Group on National Accounts
United Nations, New York
19-23 March 2007

2. Asset boundary
The issue relates to the asset boundary concerning fish in the territorial waters of a country.
It is unclear if the fish in itself meets the required criteria of an asset, and should be treated like farmed fish in the system. It is also unclear if there are no ownership rights on the fish but solely on fishing.

3. Question to the AEG
Are the fish in the territorial waters of a country an economic asset for the country or not? There are no ownership rights of the fish but of fishing?

4. Work in progress
The value of the additions to work- in-progress for non-agricultural products within a given accounting period can be approximated by calculating the proportion of total production costs incurred in that period.

5. Work in progress
says for agricultural products, this method of allocating output over multiple periods may not be satisfactory. A disproportionate share of the costs may be incurred in sowing a crop with little if any costs being incurred until harvest.
In the comments, it is argued that there are a lot of preparation and maintenance activities in all quarters and invariable costs are charged to all quarters.

6. Question to the AEG
Would it be appropriate, where feasible, to calculate work in progress using the cost structure or an average cost structure for all agricultural products?