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Human resource accounting is process of identifying, measuring and communicating the human resources investment and contributions which the conventional accounting have not taken care of in the financial statement. It is the quantification of the cast and value of employees to an organization.
Wiki User
∙ 11y ago
Wiki User
∙ 16y agoHuman Resource Accounting is a sophisticated way to measure the effectiveness of personnel management activities and the use of people in an organization.
Wiki User
∙ 12y agoType your answer here... they are both monetary and non monetary
Wiki User
∙ 11y agowhat are functions and usefullness of human resource accounting
Wiki User
∙ 11y agoacounting at its best :)
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Scope of human resource accounting?
Human resource accounting usually involves the management of payroll, benefits and bonuses. Accounts receivable and accounts payable are usually handled by the operations department.
What is the relationship between human resource department and accounting department?
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What are the subfields of accounting?
1. Financial Accounting 2. Cost Accounting 3. Management Accounting 4. Social Accounting 5. Human Resource Accounting 6. National Accounting
Objectives of Human Resource Accounting?
==Answer==Main objective s of human resource accounting are:Improve management by analyzing investment in human resource.To consider human resource as an asset.Attract and retain qualified people.Profile the organization in financial terms
What has the author Katie R Schneider written?
Katie R. Schneider has written: 'Human resource accounting' -- subject(s): Accounting, Bibliography, Human capital, Personnel management
What is environmental and natural resource accounting?
Natural resource accounting is an systematic process of analysing and formulating the natural resource depletion. In other words it is an accounting for natural resources similar to profit and loss i.e. harmful effect to the environment and natural resources versus the steps taken or benefits prevented from the human efforts to the environment. Hence, human uses the natural resources and that is why is accountable for the sustainable development of the environment.
What is an enterprise resource planning system?
An enterprise resource planning system is every information system in an organization. The enterprise resource planning system consists of the accounting system, human resource system and the information system an organization has.
What has the author John A Brierley written?
John A. Brierley has written: 'Human resource management issues in accounting and audit firms' -- subject(s): Accounting firms, Personnel management
What are the functional areas of enterprise resource planning?
There are several common functional areas of enterprise resource planning. Examples include data services, project management, human resources and accounting.
What are four departments of a business?
the four departments are:1...human resource department2....accounting department3.....marketing department4.......production department
Characteristics of Human resource accounting?
Provide cost value information for building appropriate and effective management decisions on the subject of acquiring, allocating, developing and retaining human resources to achieve cost effective organizational objectives Monitor the utilization of human resources by the management successfully Analysis of the human assets Help in the development of management principles and accurate decision making for the future by categorizing financial outcomes of a variety of practices Facilitates evaluation of human resources recording the assessment in the books of financial credit and revelation of the information in the financial statement Helps the organization in decision making in Human Resource Management Is A Management Of An Individual, Human Resource Management Is A Continuous Process , Human Resource Management Is A Dynamic Function, Human Resource Management Is a Universal Function, Human Resource Management Is A Strategic Approach, Integration of Goals, Human Resource Management Is Future-oriented
What does BPO deals in?
BPO is a type of outsourcing which typically deals in human resource, finance and accounting, and customer-support services. http://www.outsourceit2philippines.com/
