Applying artefact‐based criteria to the recognition of “organisational” assets
Abstract
Purpose
The purpose of this paper is to present asset recognition criteria based on the idea that an asset should be functional, separable and measurable and that financial recognition should be triggered by the recognition of an artefact.
Design/methodology/approach
Criteria is applied to four organisational assets, that is, those intangible assets that are unlikely to be reported in the accounting domain.
Findings
The criteria is applied in order to show how one may expand the basis on which assets can be reported financially to elements of intellectual capital as well as financial capital.
Originality/value
Artefact‐based asset recognition criteria could be a conduit through which intellectual capital could enter the accounting domain, a domain dominated by the maintenance of financial capital, not intellectual capital.
Keywords
Citation
El‐Tawy, N. and Tollington, T. (2010), "Applying artefact‐based criteria to the recognition of “organisational” assets", Journal of Intellectual Capital, Vol. 11 No. 4, pp. 451-480. https://doi.org/10.1108/14691931011085632
Publisher
:Emerald Group Publishing Limited
Copyright © 2010, Emerald Group Publishing Limited