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Tag: Human resource accounting definition

10
Jul

Human Resource Accounting – Assignment help !

HUMAN RESOURCE ACCOUNTING – AN OVERVIEW: An enterprise, until recent, is valued on the basis of traditional balance sheet method which takes into account plant, machinery and building as sufficient reflection of its assets. But the emergence of modern economy has put questions on this traditional method of valuation due to increasing importance of human resource as a part of enterprise’s total value. So, human resource accounting is a relatively new term defined as a process to identify, measure and communicates all the important information related to human resource of an enterprise as it helps in facilitating effective management within the organization. OBJECTIVES OF HUMAN…

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