Disclosure of Intellectual Capital Components in Business Reporting in Ukraine

The article covers the analysis of the specifics of intellectual capital components disclosure in domestic and foreign businesses reporting. The objective of the study is the identification of indicators that, to a certain extent, disclose intellectual capital. According to the results of the analysis, more than 50 % of intellectual capital data are generalized and disclosed in the national accounts, without being promulgated, particularly in statistical forms. Thus, the practice of disclosure of intellectual capital components is available in Ukraine, though the term 'intellectual capital' is not used. Human capital is presented in most companies statistical reporting while the organizational capital can be found in statistical reporting of companies operating in higher education, health care, research and development areas of activity; the capital market is only represented by the objects purchased. The main problems of intellectual capital reporting, social and economic aspects of its disclosure and publication by Ukrainian enterprises have been defined. According to the author, in practice, disclosure of intellectual capital indicators in business reporting can be achieved through review of requirements to financial statements notes, defining the range of subjects that are to disclose the intellectual capital structure and promulgation of socially important results by all business entities.