Main Article Content
Abstract
Human Resource Accounting is the offshoot of various research studies conducted in the areas of accounting and finance. Human resource is an asset whose value gets appreciated over the period of time provided placed, applied and developed in the right direction. Human Resource Accounting (HRA) involves accounting for the company’s management and employees as human capital that provides future benefits. In the HRA approach, expenditures related to human resources are reported as assets on the balance sheet as opposed to the traditional accounting approach which treats costs related to a company’s human resources as expenses on the income statement that reduce profit. The current paper uses the HRV of 4 companies for the period of 8 years to predict the predictor’s of HRV. And the regression results revealed that Net worth and net profit are predicting the human resource value of the company.