""Until someone fortifies the material value of high-quality data as a consistent source of revenue and growth potential then companies will intentionally omit it from balance sheets."
This is not the problem. Lots of non-data assets show…"
"FASB and IFRS go to great pains (and give accountants lots of work) to assign values to some assets and some liabilities but completely ignore others. Yes, investors are not stupid. They understand the value of these "hidden"…"
"Facebook is a company that exists primarily on the rent that advertisers will pay for access to its data.
At the end of 2017 the market value of Facebook was slightly in excess of USD 500 billion and the book value of its equity was roughly USD 75…"