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
Premium Content for Free.
More Premium Content Accessible For Free
A Computer Weekly buyer's guide to data science
In this 10-page buyer's guide, Computer Weekly looks at how, with the open data movement taking hold and data analytics technology becoming ...
Staying the course as a CIO
In this extract from his book, Staying the Course as a CIO, Jonathan M. Mitchell looks at the challenges of managing IT projects.
Government backs tech in 2015 Budget
In this week's Computer Weekly, chancellor George Osborne's 2015 Budget was the most technology friendly ever – we examine the key policy ...