IG CERTIFICATION
Want to learn more about IG from
leading experts? Register for our
online courses; we have fulllength InfoGov Basic and
Advanced classes, and short 3hour LIVE online courses, like 'IG
for Executives.' We have also
added a new "IGP Prep" Crash
Course, which is 3 intensive 3hour sessions.
We are holding our 3-day IG
Basics & Advanced classroom
http://www.jeffreymanycpa.com/accounting
course next April at the University
of San Diego.
Exploring Information Governance as
a New Information Accounting Discipline
Published on July 11, 2016
INFORMATION GOVERNANCE
TRAINING COURSES
LIVE Instructor - Online in HD
Video
Nov. 15, 17 IG Basics December
7—IG for Executives*
O
Robert F. Smallwood
rganizations account for their assets on the balance sheet. They track the value of
* includes free book of the same
title
their financial holdings, buildings, plants, land, equipment, inventory, furniture and
fixtures, and other assets. Down to the dollar. They even account for "Goodwill"
which is a supplemental asset that reflects the trust and reputation a firm has established in
their markets.
CLASSROOM COURSES
April 4-6, 2017 Basic & Advanced
InfoGov University of San Diego
But they do not account for the value of the information they hold.
Some argue that the value of that information is only real when it becomes monetized and then
it will be accounted for.
Others argue that companies---especially those in the data and information collection business--should have some way to account for the underlying value of their information holdings.
The problem is, there is no established standard way of making these calculations.
Accounting for the value of information has not been taken up and added into the Generally
Accepted Accounting Principles (GAAP). GAAP is the "standard framework of guidelines for
financial accounting" which includes accounting standards and practices.
But Information Accounting needs to be studied and developed by accounting and information
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