What Are The Benefits of Human Resource Accounting?


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Human Resource Accounting

 

 

Human resource accounting involves quantifying the human resource in monetary terms and including it in the company’s assets.

BENEFITS OF HUMAN RESOURCE ACCOUNTING
1. Knowing impact .
2. Analysing corporate strategies
3. Changes attitude of management
4. Proper investment – return analysis
5. Better utilisation of resource .
6. Fixing wages
7. Prevent loss of skilled labour
8. Better indicator

 


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