Intellectual capital (IC, hereafter), an intangible asset in accounting, is a combination satisfaction), and (iii) human capital (eg education of employees). Due to its distinctive nature, IC does not meet the asset recogniton rule under AASB 138 Intangible Assets. Researchers in the past have used annual reports to analyse these voluntary disclosures. More recently, company websites have also been used to analyse IC disclosures. In the light of the growing use of social media worldwide (especially the Facebook), this study attempts to ascertain whether there is a difference between what is being disclosed in the annual report and on the Facebook page of the sample companies. Using data extracted from ASX 200 and IDX for 2013, the study finds that Facebook is widely used for IC disclosures relating to external capital while human capital is the most disclosed item in the annual report. The overall findings are consistent between Australia and Indonesia, with differences being identified in the sub-categories of IC. Findings of this study have implications for communication initiatives for both the preparers (ie companies) and stakeholders.

Item Type:	Refereed Article
Keywords:	Intellectual capital; disclosure; social media
Research Division:	Commerce, Management, Tourism and Services
Research Group:	Accounting, auditing and accountability
Research Field:	Accounting theory and standards
Objective Division:	Expanding Knowledge
Objective Group:	Expanding knowledge
Objective Field:	Expanding knowledge in commerce, management, tourism and services
UTAS Author:	Delaney, D (Dr Deborah Delaney)
ID Code:	138288
Year Published:	2016
Deposited By:	Accounting
Deposited On:	2020-03-31
Last Modified:	2020-04-30
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