Chitra Chellam

  Human Resource Accounting                                         By Dr.K.Chitra Chellam   Human resource is the most precious part of an organisation. The total knowledge, skills, creative abilities, talents and aptitude of employees in an organisation is called human resource. The success or failure of an enterprise depends on the people who work in the enterprise. Definition; According to Eric, “HRA is a tool to measure the cost of human resources in the organisation”.             The American Accounting has defined HRA as, “The process of identifying and measuring data about human resources and communicating this information to interested parties”. Objectives of Human Resource Accounting (HRA): Following are the objectives...