SciELO - Scientific Electronic Library Online

 
vol.16 issue1Real exchange rate behaviour and economic growth: Evidence from Sierra Leone author indexsubject indexarticles search
Home Pagealphabetic serial listing  

Services on Demand

Article

Indicators

Related links

  • On index processCited by Google
  • On index processSimilars in Google

Share


South African Journal of Economic and Management Sciences

On-line version ISSN 2222-3436
Print version ISSN 1015-8812

Abstract

CRONJE, Christo Johannes  and  MOOLMAN, Sindiswa. Intellectual capital: measurement, recognition and reporting. S. Afr. j. econ. manag. sci. [online]. 2013, vol.16, n.1, pp.1-12. ISSN 2222-3436.

In the past few decades, the economy has moved from an industrial to a knowledge economy. Consequently, basic factors of production now no longer comprise only natural resources, capital and labour, but also intellectual capital. Despite the shift from an industrial to a knowledge economy, the accounting framework and financial reporting have not changed sufficiently to include intellectual capital. The research problem attempts to explore whether the theory of accounting should be modified for a standardised and comparable approach when accounting and reporting on intellectual capital. To solve the research problem, a literature review and content analysis on corporate annual reports were used. The results of this study indicate that the theory of accounting should be modified to ensure a standardised and comparable approach when accounting and reporting on intellectual capital in corporate annual reports.

Keywords : intellectual capital; measurement; recognition; financial reporting; corporate annual reports.

        · text in English     · English ( pdf )

 

Creative Commons License All the contents of this journal, except where otherwise noted, is licensed under a Creative Commons Attribution License