Valuing big data: An analysis of current regulations and proposal of frameworks

IF 4.1 3区管理学 Q2 BUSINESS

International Journal of Accounting Information Systems Pub Date : 2023-07-29 DOI:10.1016/j.accinf.2023.100637

Albi Nani

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引用次数: 1

Abstract

The increasing prevalence of big data, large stores of data that enable businesses to generate previously inaccessible insights, has resulted in performance gains for the firms that harness its capabilities. However, the impact that big data has on a firm’s profitability and financial position is rarely captured in its financial statements due to big data’s status as an internally generated intangible asset. As per the current IFRS regulations, big data is not eligible for recognition.

We argue that the true impact of big data on a firm is not appropriately reflected in a firm’s financial statements. The IFRS as currently written does not allow firms to capitalize data assets, thus compromising the goal of financial statements: to provide relevant and reliable information.

Analysis of the current standards reveal gaps in measuring the future economic benefit and costs of big data, primarily attributable to the lack of clarity surrounding the unit of account used to measure big data. Furthermore, IAS 38′s dichotomization of research and development does not accurately represent the applicability of big data assets.

Therefore, we propose a conceptual framework for understanding the economic value of big data. These include the use of a database as a unit of account, costing methods derived from user-based metrics, and a renewed focus on the intention to apply data assets.

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重视大数据:现行法规分析及框架建议

大数据的日益普及，即使企业能够生成以前无法访问的见解的大量数据存储，为利用其能力的公司带来了绩效提升。然而，由于大数据是内部产生的无形资产，大数据对公司盈利能力和财务状况的影响很少在其财务报表中体现出来。根据现行《国际财务报告准则》的规定，大数据不符合确认条件。我们认为，大数据对公司的真正影响并没有恰当地反映在公司的财务报表中。目前制定的《国际财务报告准则》不允许公司将数据资产资本化，从而损害了财务报表的目标：提供相关和可靠的信息。对现行标准的分析表明，在衡量大数据的未来经济效益和成本方面存在差距，主要是由于衡量大数据所用的记账单位不明确。此外，IAS 38对研究和开发的二分法并不能准确地代表大数据资产的适用性。因此，我们提出了一个概念框架来理解大数据的经济价值。其中包括使用数据库作为记账单位，从基于用户的指标中得出成本计算方法，以及重新关注应用数据资产的意图。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

International Journal of Accounting Information Systems Multiple-

CiteScore

9.00

自引率

6.50%

发文量

期刊介绍： The International Journal of Accounting Information Systems will publish thoughtful, well developed articles that examine the rapidly evolving relationship between accounting and information technology. Articles may range from empirical to analytical, from practice-based to the development of new techniques, but must be related to problems facing the integration of accounting and information technology. The journal will address (but will not limit itself to) the following specific issues: control and auditability of information systems; management of information technology; artificial intelligence research in accounting; development issues in accounting and information systems; human factors issues related to information technology; development of theories related to information technology; methodological issues in information technology research; information systems validation; human–computer interaction research in accounting information systems. The journal welcomes and encourages articles from both practitioners and academicians.