Milestones in the Development of Intellectual Capital Reporting

Subhash Abhayawansa


This paper reviews the accounting and management literatures relating to intellectual capital. It identifies anddiscusses the major milestones in the intellectual capital (IC) reporting movement and significant contributionspromoting external reporting of IC. It was identified that with a view to enabling organisations provide a clearunderstanding of firm value creation several national and supranational institutions have produced guidelinesand frameworks for externally reporting IC. In many cases regulators, the accounting profession and accountingscholars have driven these initiatives. Although IC reporting has been identified as an important aspect ofreporting not only in large corporates but also in small and medium enterprises and in the not-for-profit sectorthe existing guidelines for reporting of IC have not been embraced by organisations. Possible future directionsfor IC reporting are proposed.

Full Text:



Copyright (c) 2014 International Journal of Business and Management

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.

International Journal of Business and Management   ISSN 1833-3850 (Print)   ISSN 1833-8119 (Online) Email:

Copyright © Canadian Center of Science and Education

To make sure that you can receive messages from us, please add the '' domain to your e-mail 'safe list'. If you do not receive e-mail in your 'inbox', check your 'bulk mail' or 'junk mail' folders.