Human resource accounting

An often-heard phrase in business is that a company’s employees are their most important asset. Nobel Prize-winner Gary Becker is quoted as saying, “the basic resource in any company is the people. The most successful companies … will be those that manage human capital in the most effective and efficient manner” (Brocaglia, 2006, p. 2). However, where in the financial statements do we account for this value? Employees are accounted for in terms of the cost of salaries and benefits. Even the financial ratios mentioned in the background materials measure mostly costs.

This discussion is broken into topics for Week 1 and Week 2. You must participate in both topics to get full credit.

Week 1: Does labeling employees as human resources make them more an investment in the future rather than a current cost? Are employees an asset or expense? How do you define the value of a company’s employees? What about the ethics of treating employees, who are, after all, responsible moral human beings, as costs? Does placing a value on human capital promote or demean human dignity?


Do you need a similar assignment done for you from scratch? We have qualified writers to help you. We assure you an A+ quality paper that is free from plagiarism. Order now for an Amazing Discount!
Use Discount Code “Newclient” for a 15% Discount!

NB: We do not resell papers. Upon ordering, we do an original paper exclusively for you.

The post Human resource accounting appeared first on Top Premier Essays.

"Get 15% discount on your first 3 orders with us"
Use the following coupon

Order Now