IDEAS home Printed from
   My bibliography  Save this paper

Recent Developments in Intellectual Capital Reporting and their Policy Implications


  • W. Richard Frederick


This paper provides a survey of recent developments in the reporting of intangible assets. It finds that rather than the wholesale restructuring of the accounting model that was proposed years ago, the trend has been to address gaps in reporting with new forms of reporting. New forms of reporting appear better suited to capture the type of information that users of intangibles data seek. Financial reporting standards continue to change both at the national and the international level with the result that they are better able to capture some types of intangibles data. Even so, some areas such as human capital remain difficult to reflect in traditional financial statements. Users interested in human capital information are much better served by reports that are tailored to their needs, and by reporting techniques that take into account the specificities of human capital. On the policy front, companies are receiving considerable encouragement to provide more information on the intangible drivers of corporate performance than ever before. In Europe, part of the impetus has been the Accounts Modernisation Directive, which requires an “enhanced director’s report” that can include a discussion of human capital to the extent that directors feel that it is important for a full understanding of the business and its performance. La présente étude s’attache aux évolutions récemment observées dans la diffusion d’informations sur les actifs incorporels. Selon les conclusions de cette étude, plutôt que de procéder à la restructuration globale du modèle comptable proposée il y a plusieurs années, la tendance a plutôt consisté à combler les lacunes en matière de publication d’informations à l’aide de nouvelles formes de diffusion. Ces nouvelles formes apparaissent en effet mieux adaptées pour appréhender le genre de renseignements que recherchent les utilisateurs de données relatives aux actifs incorporels. Les normes de publication d’informations financières continuent à évoluer, au plan national comme international et de ce fait, elles sont aujourd’hui mieux à même de saisir certaines catégories de données incorporelles. Cela étant, même dans ces conditions, il reste difficile de refléter dans les états financiers traditionnels certains domaines tels que le capital humain par exemple. Les utilisateurs intéressés par des informations sur le capital humain trouvent davantage ce qu’ils recherchent dans des rapports conçus en fonction de leurs besoins et à l’aide techniques de publication d’informations prenant en compte les spécificités du capital humain.

Suggested Citation

  • W. Richard Frederick, 2009. "Recent Developments in Intellectual Capital Reporting and their Policy Implications," OECD Education Working Papers 17, OECD Publishing.
  • Handle: RePEc:oec:eduaab:17-en

    Download full text from publisher

    File URL:
    Download Restriction: no

    References listed on IDEAS

    1. Hanushek, Eric A. & Schwerdt, Guido & Wiederhold, Simon & Woessmann, Ludger, 2015. "Returns to skills around the world: Evidence from PIAAC," European Economic Review, Elsevier, vol. 73(C), pages 103-130.
    2. Marco Paccagnella, 2015. "Skills and Wage Inequality: Evidence from PIAAC," OECD Education Working Papers 114, OECD Publishing.
    3. Francis Green & Golo Henseke, 2016. "Should governments of OECD countries worry about graduate underemployment?," Oxford Review of Economic Policy, Oxford University Press, vol. 32(4), pages 514-537.
    4. McGuinness, Seamus & Pouliakas, Konstantinos & Redmond, Paul, 2017. "How Useful Is the Concept of Skills Mismatch?," IZA Discussion Papers 10786, Institute for the Study of Labor (IZA).
    5. Acemoglu, Daron & Autor, David, 2011. "Skills, Tasks and Technologies: Implications for Employment and Earnings," Handbook of Labor Economics, Elsevier.
    Full references (including those not matched with items on IDEAS)

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oec:eduaab:17-en. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.