Intellectual capital disclosure and non-financial reporting – current issues related to policymaking

Challenges related to intellectual capital and non-financial reporting have occupied the accounting profession for a long time. Intangible resources, which are of great importance in knowledge economy, can only meet criteria validation traditional financial reports limited extent. As result, entities often choose voluntary disclosure approach communicate about these topics with stakeholders. Nowadays, sustainability-related information is crucial part dialogue between companies In future, when standards sustainability force, attention focus may shift quality that provided. Although will probably comply standards, depth their communication make difference The purpose this viewpoint paper provide an overview difficulties associated intangible reporting, support preparation challenges standard-setting by way highlighting practical academic implications.