Intellectual Capital Accounting and Contemporary Accounting Practice

Abstract

The measurement and reporting of intellectual capital has recently attracted a growing interest from accounting researchers, promoting a lively and far- reaching debate. Intellectual capital disclosures are pioneering forms of communication that inform internal as well as external readers of the attempts to manage and create value from intellectual resources. It is an effort to progress the project of accounting for intellectual capital and to suggest the adoption of a critical accounting perspective. This would entail exploring the possibilities of intellectual capital providing its own accounts, rather than remaining imprisoned within accounts devised by others.