• Dr. Ranjana Sharma

ABSTRACT Human resource accounting refers to the accounting methods, systems, and techniques that, when combined with special knowledge and ability, assist personnel management in valuing personnel in terms of their knowledge, ability, and motivation within the same organisation as well as across organisations. The study is mostly comprised of a thorough evaluation of related literature based on substantial labour. The main advantages of such accounting are that it fosters efficient managerial decision making, management quality, avoids abuse of human resources, enhances human asset productivity, boosts moral, work satisfaction, and creativity, and so on. The restrictions involved are that the unpredictability of human resources causes uncertainty in human resource value. The present study focuses on approaches and various Human Resources valuation Models. It helps management in better utilization, planning, management of human resources in the organization.

Key Words: Human Resource Accounting (HRA), Human Resource, Human Resource Valuation, Human Resource Cost, Human Resource Approach

"HUMAN RESOURCE ACCOUNTING – A VALUE-BASED BUSINESS MANAGEMENT TOOL", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.9, Issue 12, page no.f577-f587, December-2022, Available :http://www.jetir.org/papers/JETIR2212573.pdf

"HUMAN RESOURCE ACCOUNTING – A VALUE-BASED BUSINESS MANAGEMENT TOOL", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.9, Issue 12, page no. ppf577-f587, December-2022, Available at : http://www.jetir.org/papers/JETIR2212573.pdf