naderhra
22nd September 2015, 11:37 AM
Abstract
Human Resource (HR) is most crucial, very important and sensitive factor
used as an input for production. This factor was overlooked earlier for
accounting purposes due to the availability of excess and unorganised
manpower and relatively low cost. But after liberalization of Indian economy
(in 1991) the importance of human resources were recognised. Although a little
interest has been shown by professional accountancy bodies, like ICAI, ICSI
and ICMAI on Human Resource Accounting (HRA) in Indian the importance
is now given on HRA by public sector undertakings that have made pioneering
attempts by disclosing Human Resource Values in their published annual
reports. Similarly the other private companies are also disclosing the HR values
in their financial statements. This paper seeks to present brief description of
Concepts of HRA, analyse the disclosure in 5 major companies in India. The
study also analyses the difference between the HRV, and to establish the
relationship between Profitability and HRV with other predictor values like Net
worth, Sales and EPS. By using ANOVA, Tukey post Hoc Test and multiple
regression it was found that H
Human Resource (HR) is most crucial, very important and sensitive factor
used as an input for production. This factor was overlooked earlier for
accounting purposes due to the availability of excess and unorganised
manpower and relatively low cost. But after liberalization of Indian economy
(in 1991) the importance of human resources were recognised. Although a little
interest has been shown by professional accountancy bodies, like ICAI, ICSI
and ICMAI on Human Resource Accounting (HRA) in Indian the importance
is now given on HRA by public sector undertakings that have made pioneering
attempts by disclosing Human Resource Values in their published annual
reports. Similarly the other private companies are also disclosing the HR values
in their financial statements. This paper seeks to present brief description of
Concepts of HRA, analyse the disclosure in 5 major companies in India. The
study also analyses the difference between the HRV, and to establish the
relationship between Profitability and HRV with other predictor values like Net
worth, Sales and EPS. By using ANOVA, Tukey post Hoc Test and multiple
regression it was found that H