An Empirical Evaluation on Performance of Organization through Human Resource Accounting (HRA): A Study on Selected Corporate Units of India

  • Atul Bansal Associate Professor ,Department of Commerce, J.V.Jain College, Saharanpur (UP), India
  • Preeti Sharma Professor & Head, School of Business Management, University of Engineering & Management, Jaipur,India
Keywords: Human Resource Accounting (HRA), Indian Human Resource Practices, Lev and Schwartz model Effectiveness, Human Assets, Financial Reporting


This study attempts to analyze the importance of Human Resource Accounting (HRA) practices for corporate financial reporting. This paper is both a theoretical and empirical exploration, aimed to some suggestions of new thoughts, methods, techniques and applications of HRA. Various MNCs in the field of HRM provide different types of thought about the practices of personnel management with different systems and aims of financial analysis and reporting.  HRM has been and remains one of the most powerful and influential ideas to have emerged in the field of business and management. Effective practices of human resources in the accounting statement can ensure long-term benefits to the employees of the corporations and it also increases quality, performance, values, and commitment to future need. The data of this study was collected from secondary and primary sources from selected corporate units. Very few corporations are practically practices this concept in their accounting and financial report. Some findings and suggestions are addressed in the study that may be the prerequisite for organizational growth and development.


IrajIsvan (2014). Investigation of the Influence of Human Resources Accounting Information on Managers' Decision-Making in Social Security Organization of Khuzestan Province. Journal of Applied Environmental and Biological Sciences.
Mohsen Asgari .(2013).A comparison of Similarities between Iranian and European Organizations in Terms of Lack of Attention to the Human Resources Accounting . International Journal of Academic Research in Accounting, Finance and Management Sciences,3(1),265–270.
Mustafizur Rahaman.(2013). Problem with Human Resource Accounting and A Possible Solution. Research Journal of Finance and Accounting,4(18).
Adel M Qatawneh(2013). The Role of Human Resource Accounting Information on the Accounting Information System .European Journal of Business and Management, Jacob Cherian, A Review of Human Resource Accounting and Organizational Performance International. Journal of Economics and Finance,5(8).
Meysam Eivazi, Morteza Ranjkesh, The Role of Human Resources Accounting at Research & Development Centers National park-Forschung In Der Schweiz . Switzerland Research Park Journal.
A.O. Enofe, Dr. C. Mgbame, Sunday Otuya.(2013). Human Resources Accounting Disclosures in Nigeria Quoted Firms .Research Journal of Finance and Accounting,4(13).
Amirul Islam, Md. Kamruzzaman& Md. Redwanuzzaman Human Resource Accounting: Recognition and Disclosure of Accounting Methods & Techniques By Md. Global Journal of Management and Business .Research Accounting and Auditing,13(3).
Khaled Jamal Jaarat.(2013).Human Resources Accounting Between Recognition and Measurement: An Empirical Study .Journal of Business Studies Quarterly ,5(2).
Dasari, P., Chand D. B. & Rajasekhar D. 2013, ‘A Study On Human Resource Accounting Methods And Practices In India’, International Journal Of Social Science & Interdisciplinary Research,2(4).
Maria L. B., Kel A. E. (2013).‘Human resource accounting and international developments: implications for measurement of human capital’, Journal of International Business and Cultural Studies Human Resource Accounting.
Zafor Mamoon .(2013).Human Resource Accounting For Decision Making. International Journal of Innovative Research & Development. (2).
Syed Moudud- UL- HUQ.(2012). Practice of human resource accounting in banking sector of Bangladesh .International journal of accounting and financial management research.
Asha Sharma Impact Of Human Resources Accounting On Organizational Performance.(2012) .IOSR Journal of Business and Management .(5)1
Fariborz A. & Raiashekar D.H. (2011). Decision-Making Based on Human Resource Accounting Information and Its Evaluation Method, Asian Journal of Finance & Accounting, 3(1),14.
Lawler, E. E. (2009). Make human capital a source of competitive advantage. Organizational Dynamics, 38(1), 1–7.
Baker & McKenzie (2010).Australian Master Human Resources guide.CCH Australia Limited. Macquarie University. Graduate School of Management : 51
Mukesh Chauhan & Shivani Gupta.(2009).Human Resource Accounting—concepts & practices in India”. The management accountant. (44)
Bras, F. A. & Rodrigues, L.L. (2007). Accounting for firms’ training programs: An exploratory study, 11 (3), 229.
Andrikopoulos, A. (2005). Using intellectual capital statements to determine value drivers and priorities for organizational change: a portfolio selection approach. Knowledge Management Research & Practice, 3 (3), 166.
How to Cite
Bansal, A., & Sharma, P. (2019). An Empirical Evaluation on Performance of Organization through Human Resource Accounting (HRA): A Study on Selected Corporate Units of India. Indian Journal of Finance and Banking, 3(1), 1-12.
Regular Research Article/ Short Communication Article