Heidelberg intellectual capital reporting

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