Organization of Accounting of Intellectual Capital

Abstract

The article is aimed at improving the organization of accounting of intellectual capital to enhance the transparency and reliability of information generated in enterprises. Intellectual capital, as an economic category, has been shown to contain key elements of intellectual activity, innovation and intellectual property. The structure of intellectual capital has been researched. The main objectives of the organization of accounting of intellectual capital are substantiated, among which should be allocated: timely, complete, reliable, continuous display of economic operations by objects of intellectual capital accounting; processing data by means of appropriate procedures, techniques and methods in accordance with the original information; inclusion of processed information, which is recorded in the primary documents and registers of intellectual capital accounting, in the Balance and Financial Statement of economic entity. The subjects and objects of the organization of accounting of intellectual capital are considered. It is defined that the organization of accounting of intellectual capital comprises three interconnected blocks: methodical, technical and organizational. It is substantiated that the organization of accounting of intellectual capital depends on the amount of accounting work, availability of computer technology, level of qualifications of the accounting staff, accounting policy of enterprise, as well as the level of development of its intellectualization. Options for organization of accounting of intellectual capital in the accounting policy of enterprises are provided.

Keywords

• accounting
• organization
• intellectual capital
• intangible assets