Measurement and Reporting of Intellectual Capital with Calculated Intangible Value Method
Journal: Business and Economics Research Journal (BERJ) (Vol.9, No. 2)Publication Date: 2018-04-25
Authors : Selim Yuksel Pazarceviren H. Pinar Kaya;
Page : 331-348
Keywords : Intellectual Capital; Knowledge; Calculated Intangible Value Method; Intangible Asset; Financial Reporting;
Abstract
The main purposes of this study are to examine the studies measuring and reporting intellectual capital, to revise these studies with accounting perspective and to determine the intellectual capital values of firms operating in Textile and Leather Products Industry in Borsa Istanbul for the years 2014-2016 via “Calculated Intangible Value Method”. The findings reveal that intellectual capital indicating firms' fair value is to be reported. However, it is difficult to recognize intellectual capital as an intangible asset and to report it in financial tables since there is not a direct definition towards intellectual capital in International Financial Reporting Standards and Turkish Accounting Standards/Turkish Financial Reporting Standards. This study reveals that the best reporting approach is to present the information related with intellectual capital in the annual reports of firms within the frame of current regulations.
Other Latest Articles
- Threshold Effect of the Number of Bank Relationships on the Tunisian Firm Performance
- Foreign Direct Investment, International Trade and Financial Development in BRICS-T Countries: A Bootstrap Panel Causality Analysis
- Testing Multi Bubbles for Commodity Derivative Markets: A Study on MCX
- The Impact of Oil Price Shocks on Sector Indices: Evidence from Borsa İstanbul
- The Regional Development Agency Experiences of Turkey and Romania
Last modified: 2018-06-01 08:05:24