Nowadays, the intellectual capital is used to create value for organizations in a knowledge-based economy and the success of any organization depends on the ability to manage these assets. Also we are observing a growth the importance of intellectual resources as an effective tool for increasing corporate competitiveness. Measuring Intellectual Capital is essential in order to compare different companies, to estimate their real value or even to control their improvement.
Intellectual capital has been emerged as an alternative framework for identifying, measuring, reporting and management of knowledge assets. Despite the need for a regular framework for taking into account the knowledge assets and intangible resources in the new economic environment, this model has not yet discovered a dominant solution for accounting theorists, specialists and legal observers.
In this paper, the intellectual capital has been analyzed as a tool for meeting companies’ real needs and its importance and role has been underlined in accounting and knowledge based management. Discussions confirm that the intellectual capital can be considered instead of accounting management.
Ahmadpour, A., & Ebrahimian, S. J. (2015). Accounting for intellectual capital: on the elsive path from theory to practice. Accounting and Auditing Research, 7(25), 4-11. doi: 10.22034/iaar.2015.103913
MLA
Ahmad Ahmadpour; Seyed Javad Ebrahimian. "Accounting for intellectual capital: on the elsive path from theory to practice". Accounting and Auditing Research, 7, 25, 2015, 4-11. doi: 10.22034/iaar.2015.103913
HARVARD
Ahmadpour, A., Ebrahimian, S. J. (2015). 'Accounting for intellectual capital: on the elsive path from theory to practice', Accounting and Auditing Research, 7(25), pp. 4-11. doi: 10.22034/iaar.2015.103913
VANCOUVER
Ahmadpour, A., Ebrahimian, S. J. Accounting for intellectual capital: on the elsive path from theory to practice. Accounting and Auditing Research, 2015; 7(25): 4-11. doi: 10.22034/iaar.2015.103913
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