Premium Content

Access "Data on the Balance Sheet"

Data-on-the-Balance-Sheet-(1383317867_568).jpg

Sponsored by ComputerWeekly.com

This report from the Centre for Economics and Business Research (Cebr), discusses the economic arguments for placing ‘data’ as an asset on the company balance sheet and in the wider financial reporting framework. Data that enable a company to improve customer relations, streamline production or develop new products are providing future economic benefit and should be regarded as assets. It is increasingly important that firms are able to account for their data. Firstly, regulatory and compliance initiatives are putting greater emphasis on the quality of data and resulting decision-making in the aftermath of the financial crisis. Secondly, for financial reasons, data that play an increasingly important role in value creation must be recognised if they are to be accorded appropriate priority by company decision-makers.  Access >>>

Table of contents

  • The present: how is data valued and why is this problematic?
  • How to value data?
  • A potential solution: integrated reporting

Access TechTarget
Premium Content for Free.

By submitting you agree to receive email from TechTarget and its partners. If you reside outside of the United States, you consent to having your personal data transferred to and processed in the United States. Privacy

More Premium Content Accessible For Free

  • The IT challenges facing an independent Scotland
    CWE_160914_ezine_24p-1MED.jpg
    E-Zine

    In this week’s Computer Weekly, as Scotland goes to the polls to vote on independence, we assess the IT challenges the country would face. We look at...

  • How cloud is saving lives
    CWE_090914_ezine_22p-1MED.jpg
    E-Zine

    In this week’s Computer Weekly, we look at how the power of public cloud is helping scientists to tackle diseases such as cancer and malaria. Big ...

  • Security issues in Vanets
    Security issues in Vanets.jpg
    E-Handbook

    This article in our Royal Holloway Security Series analyses the security risks of Vehicular ad-hoc networks (Vanets), an important component of ...