 Intellectual capital: current issues and policy implicationsNiamh Brennan () and Brenda Connell Open Access publications from Research Repository, University College Dublin Abstract: Substantial differences between company book values and market values indicate the presence of assets not recognised and measured in company balance sheets. Intellectual capital assets account for a substantial proportion of this discrepancy. At present, companies are not required to report on intellectual capital assets which leaves the traditional accounting system ineffective for measuring the true impact of such intangibles. Regulations currently in place are analysed in this paper. Prior research concerning intellectual capital is next presented. Frameworks for intellectual capital are compared. Indicators used for the measurement of intellectual capital are examined. The research methodologies employed for collecting information about the use of intellectual capital accounts in companies are reviewed. Guidelines available to companies for reporting on intellectual capital are considered and also the efforts made towards developing an accounting standard for intellectual capital. Finally, current issues and policy implications of accounting for intellectual capital in the future are examined. Keywords: Intangible assets; Intellectual capital; Intellectual capital; Intangible property (search for similar items in EconPapers) Published in: Journal of Intellectual Capital, 1(3) 2000 Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:rru:oapubs:10197/2916 Access Statistics for this paper More papers in Open Access publications from Research Repository, University College Dublin |
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