"A Global Framework for Measuring
and Reporting on Intellectual Assets
and Capital"
About WICI
WICI, the world’s business reporting network, is a private/public sector collaboration aimed at improving capital allocation through better corporate reporting information.
Our Vision
To achieve this vision we have three major goals:
• The first is to develop a voluntary global framework for measuring and reporting corporate performance to shareholders and other stakeholders. Throughout the world, different terms such as opportunities, risks, strategies, plans, intellectual assets/capital, intangibles or value drivers are often used to describe some of the concepts within corporate performance.
• The second is to develop guidelines for measuring and reporting on industry-specific key performance indicators.
• The third is to facilitate the development of XBRL taxonomies for this content.
We believe that such better information will improve capital allocation decisions both within companies and between investors and companies. The result will be more wealth creation for a better world economy.
What we do
WICI requests public comments from the business reporting community on the framework and taxonomy.
Global framework and taxonomy collaborations
On October 16, 2008, WICI published a comprehensive information framework and XBRL taxonomy to help companies improve communications with investors and other stakeholders about business strategy and performance. WICI requests public comments from the business reporting community on the framework and taxonomy.
WICI acknowledges and thanks PricewaterhouseCoopers for its kind permission to use and base its materials on the PricewaterhouseCoopers’ Corporate Reporting materials and research.
WICI also acknowledges and thanks DVFA – Society of Investment Professionals in Germany for its kind permission to use and base its materials on DVFA – Society of Investment Professionals in Germany materials and research.
KPI collaborations
One of WICI’s primary activities is facilitation of and collaboration on the development of common key performance indicators (KPIs) as one of the important elements of reporting. KPIs may be financially derived and/or non-financial in nature, and may include a wide range of market-oriented, industry-specific, and company specific indicators. Visit WICI KPI for more information.