5 Human Resource Accounting five models are; The Lev and Schwartz Model. The Eric Flamholtz Model Morse Model. Likert Model Ogan’s Model The Lev and Schwartz Model Lev & Schwartz advocated the estimation of future earnings during the remaining service life of the employee and then arriving at the present value by discounting the estimated earnings…
The purpose of human resource (HR) accounting is to assign a dollar value to either individual employees at a company or the company’s workforce as a whole. Because trained and productive employees are valuable to an organization, they are sometimes referred to as human capital. Because there is no definitive way to calculate the value…
Human Resources Accounting involved in identifying, measuring, capturing, tracking and analyzing the potential of the human resources of a company and communicating the resultant information to the stakeholders of the company. Human Resource (HR) is though one of the valuable assets of the organization, there is no statutory regulation to report it in the organization’s…