heidelberg intellectual capital reporting
DESCRIPTION
TRANSCRIPT
Intellectual Capital ReportingAdvancements in [from] Australia?
Previous life as a consultant
Accidental Accountant
The Intellectual Capital Church
“... I find [IC] not being practiced by managers
far as much as it’s being preached by us academics…”
Intellectual Capital Reporting: RIP?(Rest in Peace)
Intangible Accounting
.VSIAS 38
Accounting forIntangibles.
IC FrameworksBSC etc...
The IC Brick Wall
IC and Capital Markets?
Biased disclosures…
Gerald Ratner (1991)
“Our jewellery is total crap!”“Our jewellery is total crap!”
IC at a crossroads of relevance
Journal of Intellectual Capital (2004) Vol 5, No 2
The motivation for reporting?
“We define our material sustainability issues as those that are most important to our business and our stakeholders. These key issues form the basis of this report.”
Third stage of IC research?
...based on a critical and performative analysis of IC practices in action.
Guthrie, Ricceri, & Dumay (2012)
Hong Kong IC Consultancy Project
• Over 600 companies, mostly SMEs • About 40 prepared actual IC statements• Of these only about 20 were made public• IC management is more important than IC
reporting• Focus should be on how to mobilise resources
inside the organisation
Building better mousetraps (Frameworks)?
The way forward
• Leave our “IC Cathedrals” and become IC Missionaries
• Educate the natives (organisations) and develop IC management practice
• Write about practice rather than propose more frameworks