An Hierarchical Asset Valuation Method for Information Security Risk Analysis

The widespread use of information technology transforms businesses continuously and rapidly. Information technology introduces new threats to organizations as well. Risk analysis is an important tool in order to make correct decisions and to deal with cyber threats. Identification and valuation of assets is a crucial process that must be performed in risk analyses. Without properly identified and valued assets, the results of risk analyses lead to wrong decisions. Wrong decisions on information security may directly affect corresponding business processes. There are some finished and applied methods in literature for asset identification and valuation; however these methods are complicated and are not suitable for practical information security management projects. In this paper, a hierarchy based asset valuation method is proposed. Our method is intended to minimize the common mistakes that were done during Information Security Management Projects. The application of the method has not been performed yet; however it is thought that it can ease the processes and reduce the number of errors

Pengaruh Manajemen Aset Terhadap Optimalisasi Pemanfaatan Aset RSUD Pandan Arang Boyolali

This study aims to analyze the effect of asset management to optimize the use of assets in Boyolali Pandan Arang Hospital. Population is authorized employees and engaged in asset management in Boyolali Pandan Arang Hospital. The sample selection using purposive sampling, with total sample 98 respondents. This study uses primary data, and data collection using structured interviews with the questionnaire. Data analysis using multiple regression analysis. Conclusions of this study are (1) the value of the variable optimization assets, asset inventory, identification asset, legal, audit and asset valuation is very high. Over 50% of respondents gave high ratings on four variables of the study. (2) Variables asset inventory, and legal audit and significant positive effect on alpha 5% asset optimization, and (3) variable asset identification and asset valuation positive effect but not significant at alpha 5% asset optimization

Management of Intangible Assets

In a society marked by economic crisis, creating value and market competition becomes a heady company need. According to recent studies, in competitive companies, the highest share in the assets is hold by the value of intangible assets. Consequently, this involves the identification, measurement, management and efficient development of these inputs (knowledge, information, intellectual property, skilled labor, etc.). It is noted that, in the case of companies that have established management responsibility on intangible assets (intellectual capital), they recorded a value creation, superior financial performance and long- term development. In time intangible assets have become the most important sources of competitive advantage. This work aims to identify these resources in a company, presenting the most appropriate methods for economic evaluation and estimation of surplus value generated by efficient management.intangible asset management, value creation, competitive advantage, economic valuation of intangible assets, intellectual capital.

Business Value of IT Investment: The Case of a Low Cost Airline’s Website

Using the case of a low cost airline company’s website we analyze some special research questions of information technology valuation. The distinctive characteristics of this research are the ex post valuation perspective; the parallel and comparative use of accounting and business valuation approaches; and the integrated application of discounted cash flow and real option valuation. As the examined international company is a strategic user of e-technology and wants to manage and account intangible IT-assets explicitly, these specific valuation perspectives are gaining practical significance

AI, Taxation, and Valuation

Virtually every tax system relies upon accurate asset valuations. In some cases, this is an easy identification exercise, and the exact fair market value of an asset is readily ascertainable. Often, however, the reverse is true, and ascertaining an asset’s fair market value yields, at best, a numerical range of possible outcomes. Taxpayers commonly capitalize upon this uncertainty in their reporting practices, such that tax compliance lags and the IRS has a difficult time fulfilling its oversight responsibilities. As a by-product of this dynamic, the Treasury suffers. This Article explores how tax systems, utilizing artificial intelligence, can strategically address asset-valuation concerns, offering practical reforms that would help obviate this nettlesome and age-old problem. Indeed, if the IRS and Congress were to take advantage of this new and innovative technological approach, doing so would bode well for more accurate asset valuations and thereby foster greater tax compliance. Put somewhat differently, in the Information Era in which we exist, it is simply no longer true that accurate asset valuations are unattainable

Determining an Asset\u27s Tax Basis in the Absence of A Meaningful Transfer Tax Regime

Until recently, in those circumstances where there was a valuation range with respect to a particular asset, executors faced a choice: among estates subject to the estate tax, declaring a high value would increase the estate tax liability; however, due to the Internal Revenue Code\u27s basis equal to fair market value rule applicable at death, declaring a low value would expose heirs to a greater capital gains tax on subsequent asset disposition. Because the estate tax rates were higher and that tax was immediate (as opposed to deferred until a later sale by the heir), executors typically minimized asset values, with the corresponding effect of tax basis diminishment. This commonplace strategy thus negated the possibility that taxpayers might exploit the basis equal to fair market rule. But this is often no longer the case. Through a series of exemption level increases, tax rate reductions, and other reforms, Congress has gutted the nation\u27s transfer tax system. What remains is a teetering transfer tax system that applies only to a handful of the wealthiest taxpayers. For the rest, the transfer tax system provides no disincentive to executors from assigning the highest defensible valuations to a decedent\u27s assets, opening the opportunity to capitalize upon the basis equal to fair market value rule. Unfortunately, the I.R.S. lacks the tools and resources to combat this practice. To preserve the integrity of the capital gains tax and the revenue that it produces, Congress must therefore intercede