A Study on Human Resource Accounting Practices in India

Suma D Hiremath

Abstract: The human resources of the enterprise are its prominent assets, without these people other factors of production cannot be utilized. Practicing accounting methods in Human resources is known as Human Resources Accounting. Thus a study of Human resource accounting was evaluated in the 16 century and aimed to create, improve, and valuation of Human resources in monetary terms. Presently worldwide, on one hand, there is a time-lapse leading the economy and business towards the modern era and on another hand, many business enterprises are recognizing and appreciating human resources as assets. This study only focuses on Human resources accounting practices within the selected geographical area and time is a constraint. The study is purely based on secondary data.

Keywords: Human Resource Accounting, Human Resource Accounting Practices