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@article{190738,
        author = {Dr Vedananda Prabhu P G},
        title = {Human Resource Accounting- A New dimension},
        journal = {International Journal of Innovative Research in Technology},
        year = {2026},
        volume = {12},
        number = {8},
        pages = {3036-3040},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=190738},
        abstract = {Human resource is an ancient area of research in economics, as reflected by accounting treatments and it is most valuable resources of any organization. Hence every organization has a need to value the human resources for cost control and cost reduction. Human resource accounting (HRA) is an attempt to find measure and report the investment made in Human resources of an organization that are not presently accounted for under conventional accounting system. Organizations which require a considerable creativity or are science-based show an essential difference between market value and net book value. This difference is for intangible assets (including human skills). However, the Human Resources are yet to get recognition in Balance Sheet. It will help to charge human resource investment over a period of time. Organizations considers that human capital is a production cost so it is called an asset to the business. This study is conducted on accounting treatment for human resource accounting in organizations and discussed the efforts done in this field by researchers and models for valuation of human resources.},
        keywords = {Human resource, human resource accounting, Human capital, models for valuation of HR, cost control and reduction.},
        month = {January},
        }