The Research Of Accounting And Application Based On The Intellectual Capital Theory

21 century is the age of knowledge economy. The development of information technology and the wave of economy globalization have improved the rapid growth of knowledge economy. The competition among enterprises is gradually intensive, and the core of the competition is no longer the tangible resources, but the intangible assets such as technique, intelligence and knowledge. Intellectual Capital is not only the rarest resource in the competition and development of enterprises, but also the critical resource to ensure sustainable value-added development of enterprises.The researchers at home and abroad have realized the importance and research significance of Intellectual Capital. However, the study on Intellectual Capital is just at its beginning stage. It is far away from the requirement of Intellectual Capital research in the real practices. So far, there is no generally accepted concept of Intellectual Capital, and there are different opinions on the definition of the content of Intellectual Capital. Additionally, the unique intangible and incremental characteristics of Intellectual Capital decide that it can not be measured by the history cost. But the existing accounting system is still settled on the measurement mainly based on history cost. Thus the accounting system incorporating Intellectual Capital has not been set up.Therefore, based on the former theory research on Intellectual Capital, this paper puts forward the accounting concept of Intellectual Capital based on the analysis of economic and management concept of Intellectual Capital. This paper sets up a structure model of Intellectual Capital based on the analysis of structure and elements co-relationship. The paper carries out a research on the capital value movement, analyzes the property right of each element, and puts forward an idea that human capital can own the property right of enterprise only when it is under the control of the enterprise. It also discusses the property right ownership of Structural Capital, Customer Capital and Intellectual Property Capital, and draws the property right structural chart. This paper realizes the whole measure methods of Intellectual Capital can not be connected with Accounts, and pays a lot of attention to the individual measurement of Intellectual Capital research. It requires that individual measurement should demonstrate the capital value movement process. Based on the comprehensive option model, it is claimed to fully assess the efficiency of Human Capital through blurry measurement and the value of Human Capital incorporating the incremental value of Structural Capital, Customer Capital and Intellectual Property Capital. Meanwhile, this paper analyzes the measure method and accounting process of Intellectual Capital on the basis of case study. It puts forward the requirement of report of Intellectual Capital, and set a whole accounting system on the basis of Intellectual Capital theory, which will gradually incorporate the Intellectual Capital into the accounting system.