is depicted by the traditional financial statement. Whatneeded ismeasurement ofabilities of all employee
Human Resource Accounting (HRA) plays an important role in picking up theoverall value of an organization, unfortunately, a majority of the Indian organizations are neglecting this issue. If HRA is also considered as one of the individual valuationelements which deserve more importance and consideration, the value of the organizationwill be more than what is depicted by the traditional financial statement. Whatneeded ismeasurement ofabilities of all employees ina company, at every level, to producevalue from their knowledge and capability. “Human Resource Accounting (HRA) isbasically an information system that tells management what changes are occurring overtime to the human resources of the business. Keeping the discussion in mind explain different ways of computing HRA and benefits of HRA.
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