Current Issues, Recent Advancements, and Future Directions in Human Resource Accounting
Journal of Human Resource Costing & Accounting
ISSN: 1401-338X
Article publication date: 1 January 1999
Abstract
We have witnessed a significant transformation in the world economy and the organisations that comprise it. The economy of old was manufacturing‐based and relied heavily on tangible assets as determinants of value. In contrast, the present‐day economy is based on knowledge and information, intangible assets that are embodied in people. This shift has triggered the development of tools with which to measure these intangible assets. One accounting tool that is directly relevant to the measurement and, in turn, the management of human capital is human resource accounting. The purpose of this article is to discuss some current issues, recent advancements, and possible future directions for further development.
Citation
FLAMHOLTZ, E.G. and MAIN, E.D. (1999), "Current Issues, Recent Advancements, and Future Directions in Human Resource Accounting", Journal of Human Resource Costing & Accounting, Vol. 4 No. 1, pp. 11-20. https://doi.org/10.1108/eb029050
Publisher
:MCB UP Ltd
Copyright © 1999, MCB UP Limited