Exploring Human Resource Accounting: Concepts, Methods and Practical Application

Abstract

The area of human resource accounting (HRA) is thoroughly reviewed in this research paper including its essential concepts, various measuring techniques and practical application. For organizations seeking to evaluate and successfully manage their human capital. HRA is a crucial part. The evolution of HRA, its place in corporate decision-making, and the challenges invlove in implementing HRA into practice are all topics covered in this paper. In this paper, the theory and research in human resource accounting are reviewd, along with its meaning and various human Resource accounting techniques.