Tags » Internal Controls

Can information have a negative value?

Doug Laney has done a lot of good stuff on infonomics, and the value of information.  But can information have a negative value?

“FBI Didn’t Follow Up Tip By Person Close to Shooter,” … 180 more words

Controls

Information quality

The quality of information is largely based on its accuracy.  Excluding others from using that information can also be valuable, such as trade secrets, patents, or copyrights.  165 more words

Controls

Basic Internal Control for Nonprofits

The idea of separation of duties is not that obvious for many organizations, specially the ones with tight budgets, having one person handle too many functions because it seems simple and straightforward.   53 more words

Nonprofit

Information from unusual places

What if you get information from an unexpected source?  What’s that worth?

“Stanford’s Aid Whistleblower,” The Wall Street Journal, February 1, 2018 B5.  A second-year MBA student does a study of scholarship decisions and blows the whistle on his own school.  68 more words

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