Human Resource Accounting: Dollars and Sense for Management: HRA Models Historical Cost Models Present Value Models Status of the Human Organization Models Problems and Criticisms of HRA Managerial Implications Abundant Benefits Conclusion REFERENCES

Human Resource Accounting (HRA) is the process of identifying, measuring, and communicating information about human resources to facilitate effective management within an organization;1 Although arguments for the use of HRA have been made on the basis of social responsibility, morality, and economic theory, the most convincing...