Author(s)

ZhenNan Li^*, MeiTing Shu

Affiliation(s)

Tongling University, Tongling 244061, Anhui, China.

Corresponding Author

ZhenNan Li

ABSTRACT

Public data constitute a critical component of China’s data factor supply system, embodying substantial political, economic, and social value. However, existing accounting standards are insufficient to accommodate their unique characteristics. This study begins by clarifying the conceptual connotation of public data and defining public data assets within the accounting framework. From the perspective of administrative and public institutions, it explores the conditions for accounting recognition and the categorization of ownership of public data assets. Furthermore, it examines the accounting treatments involved in subsequent measurement processes, including initial recognition and amortization, subsequent expenditures, impairment, and disposal. The findings enrich the accounting framework for emerging asset types within governmental accounting theory and provide practical guidance for administrative and public institutions to enhance the management efficiency of public data assets and to promote the market-oriented circulation of data factors.

KEYWORDS

Public data assets; Accounting recognition; Accounting measurement; Administrative and public institutions

CITE THIS PAPER

ZhenNan Li, MeiTing Shu. The issues of accounting recognition and measurement of public data assets. Social Science and Management. 2025, 2(3): 83-93. DOI: https://doi.org/10.61784/ssm3064.

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