Presentation ON Human Resource Accounting in Indian Company: Submitted By:-Vivek Jain 20110960
Presentation ON Human Resource Accounting in Indian Company: Submitted By:-Vivek Jain 20110960
Presentation ON Human Resource Accounting in Indian Company: Submitted By:-Vivek Jain 20110960
INDIAN COMPANY
Submitted by:VIVEK JAIN 20110960
INTRODUCTION
Human Resource Accounting emphasizes that human resources should be treated as assets like physical and financial assets. To assist senior management in understanding the long term cost and benefit. Human Resource Accounting is the measurement of the cost and value of the people for the organization.
OBJECTIVES OF STUDY
To examine the practices followed by selected companies in India. To compare and contrast human resource valuation methods followed by selected Companies in India.
RESEARCH METHODLOGY
SAMPLE DESIGN Purposive Sampling technique is used for the selection of sample units ANALYSIS OF DATA
The collected data have suitably classified and tabulated in the form
of table and graph with the appropriate statistical techniques . The data analysis and conclusion were drawn on the basis of parametric tests
at 5% level of significance
COLLECTION OF DATA
COMPARATIVE STUDY
ORGANISATION HPCL INFOSYS
YEAR
2008-09
2009-10
2010-11
2008-09
2009-10
2010-11
No. Of Employees
11246
11291
11248
104850
113796
130820
13147
15654
18493
102133
113287
135105
Table : Employees and value of human resources of selected companies for 2008-09 to 2010-11
RECOMMEDATIONS
It has a great potential in the modern age of professionalization particularly in the case of labor-intensive service industry where
human resource constitutes prime resource HRA information thus would be of immense help in decision making both for internal and external users. Therefore, organizations should adopt HRA system
LIMITATION OF STUDY
The said study is based on secondary data only, collected from
annual
reports
of
companies.
influence the study. The study period of said study is limited to five year only i.e.
2008-09
HPCL have been considered for the study of Human Resource Accounting Practices.
REFERENCES
Deo Amitabh Kodwani, Tiwari Ravindra, Human Resource Accounting-A new dimension, Canadian Accounting Association 2006 Annual conference 2007. Flamholtz Eric. G. (1999), Human Resource Account Advances in Concepts, Methods and Applications; Third Edition, Kulwer Academic Publishers. Khatik S.K., Patra Ramakanta (2003), International Journal of Human resource Development and Management, Vol.3. Annual Report Annual report of HPCL (2008-09 to 2010-11) Annual report of INFOSYS (2008-09 to 2010-11)