Transcript m3reportDatabases

Results of the AEG e-Consultation on
Measurement of Database in
National Accounts
U
N
S
T
A
T
I
Measurement of Database in National Accounts
Canberra II Group made following recommendations to the
AEG for its consideration:




Value of the database reflects the value of DBMS, plus the
cost of converting data from one medium/format to the
medium/format required for access by DBMS. The value of
database does not include the value of information
All databases holding data with a useful life of more than
one year are fixed asset
No maintenance entailed with database
Own account database capital formation = No. of
employees * average remuneration * time spent in
developing database + other intermediate costs, excluding
the value of the software supporting the database.
Measurement of Database in National Accounts
No
Question
Yes No
1
Do you agree that all databases holding data with 16
a useful life of more than one year are a fixed
asset?
-
2
Do you agree that the valuation of a database
should be that of Definition 2, but exclude the
value of the DBMS, which should continue to be
recorded as a software asset?
16
1
3
Do you agree there is no maintenance entailed
with databases and that all set-up and updating
costs should be recorded as capital formation?
15
1
4
Do you agree with recommended method for
deriving estimates of own account database
15
1
capital formation?
Measurement of Database in National Accounts
Conclusions of the e-consultation:




Value of the database should only include the costs
of developing the database excluding the value of
the software used for converting information from
one media/format onto the electronic media
Databases holding data with a useful life of more
than one year are fixed assets.
No maintenance entailed with databases and that
all set-up and updating costs should be recorded as
capital formation
Labour input method proposed for deriving macrobased estimates of own-account production of
databases
Thank You