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Big data ethics, also known simply as data ethics, refers to systemizing, defending, and recommending concepts of right and wrong conduct in relation to data, in particular personal data. [1] Since the dawn of the Internet the sheer quantity and quality of data has dramatically increased and is continuing to do so exponentially.
The Financial Accounting Standards Board classified voluntary disclosures into the six categories below, [1] while Meek, Roberts and Gray (1995) classified them into three major groups: strategic, nonfinancial and financial information. [2] Business data For example, a breakdown of market share growth and information on new products.
ISO 8000 is the international standard for Data Quality and Enterprise Master Data.Widely adopted internationally [1] [2] [3] it describes the features and defines the requirements for standard exchange of Master Data among business partners.
Data standardization - a business rules engine that ensures that data conforms to standards; Geocoding - for name and address data. Corrects data to U.S. and Worldwide geographic standards; Matching or Linking - a way to compare data so that similar, but slightly different records can be aligned. Matching may use "fuzzy logic" to find ...
The data usually need to be integrated with other data. In addition, the data need to interoperate with applications or workflows for analysis, storage, and processing. I1. (Meta)data use a formal, accessible, shared, and broadly applicable language for knowledge representation. I2. (Meta)data use vocabularies that follow FAIR principles I3.
In 2009, the Codification superseded the FASB's Statements of Financial Accounting Standards. 168 standards had been issued before the Codification. Concepts Statements , first issued in 1978. They are part of the FASB's conceptual framework project and set forth fundamental objectives and concepts that the FASB use in developing future standards.
Business ethics operates on the premise, for example, that the ethical operation of a private business is possible—those who dispute that premise, such as libertarian socialists (who contend that "business ethics" is an oxymoron) do so by definition outside of the domain of business ethics proper.
This is the way toward distinguishing, examining, deciphering and imparting data to supervisors to help accomplish business goals. [3] The information gathered includes all fields of accounting that educates the administration regarding business tasks identifying with the financial expenses and decisions made by the organization.