We have entered the Knowledge Era in which the basic economic resource is knowledge, also called Intellectual Capital (IC}. In order to effectively manage companies that are increasingly based on intangibles, it is necessary to measure these resources. Moreover, once measured, the effects should be communicated, as measurement without any further action has no sense. Most of the resources that create value for a company are totally omitted or under-evaluated by accounting; therefore, they are beyond control and beyond management. The most important way to overcome this problem is to implement an IC statement that visualizes the actions and their effects concerning the development of a company's knowledge resources and value creation.
This paper aims to analyze the development of guidelines on the Intellectual Capital (IC) Statement by providing a comparison of existing guidelines and presenting their significance
