Human Resource Accounting- Role and Challenge for Accountants’
Journal Title: International Journal of Business and Management Invention - Year 2018, Vol 7, Issue 6
Abstract
Thanks to globalization, we are now passing through knowledge based economy where human resource has a significant contribution for the growth and success of the businesses and the society. Shifting from physical asset to knowledge based intangible asset proves that it is only the human resources who can bring the success of business and it is their endeavour to create more wealth for the firm and the society by proper using the physical assets like land & Building, Plant & Machinery, Infrastructure etc. Presently, any growth and success story of corporate are due to the efficiency, creativity, Intellectuality, behavior, attitude, knowledge and skill of the intangible asset i.e. human beings. Human resources are the engine or talent for sustainable growth of any business corporate. Wealth maximization, value maximization, growth in market share, efficiency, competitiveness, good management, vision, mission, achievement of goal, corporate image, corporate governance, brand management, supply chain management, reputation, developed research and development, value management, time management, continuity of success all depends on human talents. Human resource accounting is the process of identifying and measuring value and benefit arises for human resources and communicating this information to the interested parties for the purpose of relevant decision making
Authors and Affiliations
Juhi Chatterjee, Partha Chatterjee
Keywords
Related Articles
- EP ID EP400649
- DOI -
- Views 114
- Downloads 0
Assessment Of Factors Affecting Women Socio-Economic Development: The Case Of Wolaita Sodo Town Women Association.
Women’s participation in the economic sphere is narrow and largely limited to domestic work and low paying menial jobs in the formal economic sphere due to social, economic, political and other factors. Thus,this study w...
Study the Efficiency and Productivity of High Schools at Education District 4 of Karaj (Iran)
In this study, efficiency and productivity in second grade of high schools have been compared and discussed as main objective of study. The mythology of study was descriptive of comparative-casual kind. Statistical popul...
Disclosure of Fair Value Measurement Techniques of Financial Instruments – Study applied to the Portuguese Banking Sector according to IFRS 13
IASB has defined in IFRS 7 ―Financial Instruments: Disclosures" and in IFRS 13 "Fair Value Measurement", the set of disclosures that a company must make regarding the fair value measurement techniques used. The fair valu...
Role of the demographic variable age of the rural consumer on consumer innovativeness in rural mobile telecom services
Consumer innovativeness is highly regarded tool being used by the marketers for successful diffusion of innovation with the intention to ensure overall profitability and to attain competitive advantage. This study has be...
The Use Of volunteer Smartphone Application (VSP) As A Distributor Of Information Among People With Perak RMP
The development of communication has opened a new chapter in human relationships and led to changes in communication. Appropriate communication will affect the implementation of information dissemination tasks in achievi...