Title: Human resource accounting practices of Indian companies

Authors: Kirti Aggarwal

Addresses: Haryana School of Business, Guru Jambheshwar University of Science and Technology, Hisar 125 001, Haryana, India

Abstract: The aim of the present study is to examine the techniques of human resource accounting adopted by selected Indian listed companies to account their human resources. The outcome of the study shows that most of the Indian companies like BHEL, CFSL, GTL, HPCL, INFOSYS, PEC, ROLTA, SATYAM and SPIC adopted the model developed by Lev and Schwartz. The concept is of topical origin and struggling for acceptance in the financial statements. Failure to measure the HR value and cost would reduce the effectiveness of the organisation. These idiosyncrasies of the HR make human asset management a challenging job for the organisations. However, in the use of various models when more experience is gathered, it is expected that in the years to come, corporate reporting practices will pay greater attention to this emerging dimension of HR measurement and reporting.

Keywords: human asset; human resource accounting; HRA; model; reporting; India.

DOI: 10.1504/IJICBM.2024.141970

International Journal of Indian Culture and Business Management, 2024 Vol.33 No.2, pp.139 - 157

Received: 14 Apr 2023
Accepted: 17 Apr 2023
Published online: 04 Oct 2024 *

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