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About Human Resource Accounting
Human resource accounting aims to account for human resources as assets in financial statements. It involves measuring the costs of recruiting, hiring, training, and developing employees, as well as assigning monetary values to their economic contribution to the organization. Historically, human resources were not considered assets, but behaviorial scientists argued they should be valued like physical assets. Several models have been developed to estimate the costs and values of human resources over their expected working lives. Accurately accounting for human resources can provide a more complete picture of an organization's profits and assets.
Detailed Information
| Author: | ['Ioana Miller'] |
|---|---|
| Publication Year: | 2012 |
| Pages: | 240 |
| Language: | English |
| Format: | |
| Price: | FREE |
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