WestminsterResearch

Accounting for intangibles: financial reporting and value creation in the knowledge economy

Blaug, Ricardo and Lekhi, Rohit (2009) Accounting for intangibles: financial reporting and value creation in the knowledge economy. Technical Report. The Work Foundation.

Full text not available from this repository.

Official URL: http://www.theworkfoundation.com/assets/docs/publi...

Abstract

A new report from The Work Foundation highlights the urgent need for UK organisations to adopt a more comprehensive and consistent approach to how they financially record their investments in intangible assets. As industrialised economies are increasingly becoming knowledge-based, competitive advantage and organisational performance are increasingly generated from investment in intangible knowledge-based assets such as R&D, human and organisational performance. The report outlines that, while there is widespread recognition of the value of such assets, we are still unable to account for them mainly because of a lack of appropriate accountancy measures. As a result, investors, shareholders and senior managers are likely to come up with less well-informed decisions.

Item Type:Monograph (Technical Report)
Research Community:University of Westminster > Social Sciences, Humanities and Languages, School of
ID Code:9570
Deposited On:01 Aug 2011 11:14
Last Modified:01 Aug 2011 11:14

Repository Staff Only: item control page