Full Project-A CRITICAL EXAMINATION OF HUMAN RESOURCES ACCOUNTING AS A TOOL FOR MEASUREMENT OF HUMAN CAPITAL

Full Project-A CRITICAL EXAMINATION OF HUMAN RESOURCES ACCOUNTING AS A TOOL FOR MEASUREMENT OF HUMAN CAPITAL

Click here to Get this Complete Project Chapter 1-5

A CRITICAL EXAMINATION OF HUMAN RESOURCES ACCOUNTING AS A TOOL FOR MEASUREMENT OF HUMAN CAPITAL

 

CHAPTER ONE: Introduction

1.1 Background to the study

Business organizations now spend enormous sums of money and spare no effort in selecting, training, re-training and developing their managers to equip them adequately to meet the challenging tasks arising from internal and international developments. The increasing technical complexity of modern business and the time required for personnel to gain skills, and experience and judgement in many vital areas makes brain power the critical resource in our economy.

Financial analysis stresses the quality of management behind the business more than any other factor in evaluating diversification and takes over propositions. All these arise from the increasing recognition that human resources are the most important business assets. We recognize that people are valuable to business enterprises, universities, hospitals and perhaps, all organizations. We know that the value of human resources is derived from their ability to render services which have economic value.

Human Resource Accounting (HRA) provides useful information to both internal and external users of accounting information. It helps internal users (like management) in making decision on employment and utilization of human resources and also in deciding transfers, promotion, training and retrenchment of human resources. It provides a basis for the planning of physical assets vis a vis human resources, as well in evaluating the expenditure incurred for imparting further education, training and development in employees in terms of the benefits derived by the firm, among others. For external users (such as potential investors), HRA provides useful information for making investment decisions.

Mayo (2006) posits that people are often spoken of as assets, but are generally treated as cost because there is no credible system of valuing them.

Marshal (1961) had also said that the most valuable of capital is that invested in human beings.

1.2Statement of the problem

If human capital is, in real sense, “best practice”, why is it that some organization lack human capital resources processes yet are successful in their purpose? Or, put another way, why doesn’t everyone adopt human capital principle? A simple answer would be that such firms may be successful now, but the possibility of their sustaining their success is reduced by their failure to implement human capital concepts.

1.3Objective of the study

The main objective of the study is to critically examine the human resources accounting as a tool for measurement of human capital.

The specific objectives are:

1.  To find out if human resources accounting serves as a useful tool for measurement of human capital.

2.  To determine if human capital has helped in improving organization.

3.  To examine if human capital is the key determinant in explaining the rise and fall of the nations as well as factor in determining individual income.

4.  To find out if organizations make use of the human resource.

1.4Research Questions

1.  Is human resources accounting a useful tool for measurement of human capital?

2       Does human capital helped in improving an organization?

3       Does human capital serve as the key determinant in explaining the rise and fall of the nations as well as factor in determining individual income?

4       Does organization make use of the human resource accounting to measure human capital?

Get the Complete Project

This is a premium project material and the complete research project plus questionnaires and references can be gotten at an affordable rate of N3,000 for Nigerian clients and $8 for International clients.

Click here to Get this Complete Project Chapter 1-5

 

 

 

 

 

You can also check other Research Project here:

1, Accounting Research Project

  1. Adult Education
  2. Agricultural Science
  3. Banking & Finance
  4. Biblical Theology & CRS
  5. Biblical Theology and CRS
  6. Biology Education
  7. Business Administration
  8. Computer Engineering Project
  9. Computer Science 2
  10. Criminology Research Project
  11. Early Childhood Education
  12. Economic Education
  13. Education Research Project
  14. Educational Administration and Planning Research Project
  15. English
  16. English Education
  17. Entrepreneurship
  18. Environmental Sciences Research Project
  19. Guidance and Counselling Research Project
  20. History Education
  21. Human Kinetics and Health Education
  22. Management
  23. Maritime and Transportation
  24. Marketing
  25. Marketing Research Project 2
  26. Mass Communication
  27. Mathematics Education
  28. Medical Biochemistry Project
  29. Organizational Behaviour
  30. Other Projects
  31. Political Science
  32. Psychology
  33. Public Administration
  34. Public Health Research Project
  35. More Research Project
  36. Transportation Management
  37. Nursing

 

 

Need a Project Writer for a Different Topic