Could the traditional concept of assets and liabilities adequately reflect the value of data-driven businesses? What new categories might need to be created?

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter1: The Demand For And Supply Of Financial Accounting Information
Section: Chapter Questions
Problem 2GI
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Could the traditional concept of assets and liabilities adequately reflect the
value of data-driven businesses? What new categories might need to be
created?
Transcribed Image Text:Could the traditional concept of assets and liabilities adequately reflect the value of data-driven businesses? What new categories might need to be created?
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