ABSTRACT
Organizational myths abound, and we argue that intellectual capital (IC) and integrated reporting (IR) are based on similar mythical foundations. These myths have given rise to the creation of what I call the Church of Intellectual Capital and the Church of the International Integrated Reporting Council. However, as members of a Church, organizations have not always been on their best behaviours, some of which is dishonest and hidden behind corporate reporting facades. However, these facades threaten the ability of the International Integrated Reporting Council to deliver on its Momentum Phase strategy and spread the word of IR beyond its current reach.
