The move to standardize processes has gone overboard, say M. Eric Johnson and Joseph M. Hall in this month’s Harvard Business Review. Some processes, they argue, are more akin to art than science and ...

A new audit data standard issued by the AICPA Assurance Services Executive Committee addresses the inventory subledger and is intended to accommodate basic analysis of the inventory process. Through ...

The benefits of data standardization within the social sector—and indeed just about any industry—are multiple, important, and undeniable. Access to the same type of data over time lends the ability to ...

As insurance and retirement service providers navigate today’s complex landscape, data standardization and centralization have become critical as firms implement new technologies and leverage data in ...

Many, if not all, highly regulated sectors comply with reference standards that are cited by legislators but developed, updated, and peer reviewed by teams of industry experts. This means that these ...

The volume of raw data collected during clinical research is ever-growing—modern clinical trials "generate an average of 3.6 million data points" from regular site visits, labs, procedures, ...