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Abstract
The main objective of study is to examine the level of intangible assets reporting practices of top 20 Indian companies and make comparative analysis with the results of top 20 global companies for the period of eight years (2007, 2008, 2009, 2010, 2012, 2013, 2014 and 2015). Further, to evaluate the effect of issuance of roadmap, 2011 year is taken as base year in this study and four years before the year 2011 and after the year 2011, company wise analysis was performed. Content analysis on the annual reports by employing 139 items, the extent of intangible assets reporting practices of Indian and global companies were analyzed. Category wise analysis, company wise analysis, element wise analysis and sector wise analysis was used for this study. The research findings show that in overall basis, in Indian companies, human capital category has maximum disclosure while in global companies; internal capital category is the highest disclosed category. In Indian companies, Information technology sector has maximum disclosure practices of intangible assets while in global companies, maximum intangible assets disclosure practices maintained by Pharmaceuticals sector. The researcher observed that in most of the global companies, there are uniform pattern for reporting the intangible assets related information. Most of the global companies prepare their annual reports as per the guidelines of securities exchange commission. In India, There is an immediate need of uniform pattern for reporting the intangible assets related information in the annual reports so that investors make their investment decisions in effective way.