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Input methods

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Use back button from the brower One of the two methods to measure progress to completion in IFRS 15 Revenue recognition over time. The other is output method. Revenue is recognised on the basis of the entity’s efforts or inputs to date (for example, resources consumed, labour hours expended, costs incurred, time elapsed or machine … Read more

Data Lineage

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Use back button from the brower IntroData lineage underpins trust in AI outputs. 1. What is it?It describes the origin, movement and transformation of data. 2. What problem does it claim to solve?It enables traceability and auditability. 3. Where does it typically appear in organisations?Reporting, ERP integrations and AI pipelines. 4. What can go wrong … Read more

AI Governance

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Use back button from the brower IntroAI governance is often invoked without operational substance. 1. What is it?It refers to the framework governing AI use, risks and accountability. 2. What problem does it claim to solve?It aims to align AI use with organisational values and controls. 3. Where does it typically appear in organisations?Policies, risk … Read more

Bias in AI Systems

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Use back button from the brower Bias (in AI Systems) IntroBias in AI systems is structural, not intentional. 1. What is it?Bias refers to systematic skew in AI outcomes. 2. What problem does it claim to solve?Recognition of bias aims to improve fairness and accuracy. 3. Where does it typically appear in organisations?HR tools, credit … Read more

Artificial Intelligence

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Use back button from the brower IntroArtificial Intelligence is a broadly used term in strategy documents and technology discussions, often without precision. In governance contexts, clarity is essential because AI is not a single technology but a class of capabilities with very different implications. 1. What is it?Artificial Intelligence refers to systems that perform tasks … Read more

EU AI Act

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Use back button from the brower IntroThe EU AI Act introduces a risk-based regulatory framework. 1. What is it?It is EU regulation classifying AI systems by risk level. 2. What problem does it claim to solve?It aims to prevent harmful AI use while enabling innovation. 3. Where does it typically appear in organisations?Compliance, risk assessments … Read more

The EU AI Act: Governing the Invisible Executive

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How Artificial Intelligence becomes a board-level accountability issue Topics show How Artificial Intelligence becomes a board-level accountability issue EU AI Act governance – When decisions disappear from view 1. A decision without a decision-maker 2. From supporting tool to de facto authority 3. Why traditional governance failed to notice Why Europe intervened: from ethics to … Read more

General Electric: Three CEOs, Three Boardrooms, and the Slow Unravelling of Corporate Governance

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General Electric corporate governance – Corporate governance almost never collapses in a single moment. It does not fail with a dramatic vote, a scandalous memo, or a rogue executive. It fails the way large machines fail: incrementally, invisibly, and convincingly, until the system is operating far beyond the assumptions under which it was designed. General … Read more

Unobservable inputs

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Inputs for which market data are not available and that are developed using the best information available about the assumptions that market participants would use when pricing the asset or liability.           [content_block id=34193]

Uncertainty

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Use back button from the brower Type: IFRS Jargon Uncertainty: Quantitative definition: Measurement that characterizes the corporate standard* dispersion of values that could reasonably be attributed to a parameter. Qualitative definition: A general and imprecise term that refers to the lack of certainty in data and methodology choices, such as the application of non­ representative … Read more