Human Resource Accounting and Quality of Financial Reporting of Quoted Oil and Gas Companies in Nigeria

This paper is a theoretical discourse and review on human resource accounting which remains an issue both for research and in practice. The library-based research design was used in this study. It is an established fact that the human resource is an integral component of every business and constitutes a key intangible asset for companies. However, unlike other assets, human resource does not conform to the peculiar patterns of conventional accounting assets in a strict sense and hence cannot be treated as such. Research efforts and models such as the replacement cost, opportunity cost, present value of discounted future earnings, etc have evolved overtime to try to properly capture, measure and report human resource and each model has its own weakness that makes it daunting for human resource to be fully amenable to the postulations of the models. Many researchers have thus shifted to issues of human resource disclosures in annual reports which basically concerns itself to what is disclosed about human resources such as training, welfare, compensation packages amongst others. This again does not provide much insight to the core issue of human resource accounting which involves cost to recruit, select, hire, train, compensate and develop human assets on one hand and calculating the economic value of people to the organization on the other. The study concludes that there is need for more robust research efforts and quantification methodologies for human resource accounting and the role of financial reporting standards will be crucial in helping to achieve some sort of consensus in moving forward on this issue of human resource accounting.

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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 ◽

10.46281/ijfb.v3i1.229 ◽

2019 ◽

Vol 3 (1) ◽

pp. 1-12

Author(s):

Atul Bansal ◽

Preeti Sharma

Keyword(s):

Human Resource ◽

Financial Reporting ◽

Financial Analysis ◽

Empirical Evaluation ◽

Primary Sources ◽

Organizational Growth ◽

Quality Performance ◽

Financial Report ◽

Human Resource Accounting ◽

Resource Accounting

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.

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Influence of Human Resource Accounting Practices on Managerial Decision-Making

Archives of Business Research ◽

10.14738/abr.85.8145 ◽

2020 ◽

Vol 8 (5) ◽

pp. 8-18

Author(s):

James O. Abiola ◽

Rilwan Ayinde Adisa

Keyword(s):

Decision Making ◽

Human Resource ◽

Financial Reporting ◽

Internal Control ◽

Financial Services ◽

Analysis Model ◽

Managerial Decision ◽

Managerial Decision Making ◽

Human Resource Accounting ◽

Resource Accounting

The study examined the influence of Human Resource Accounting (HRA) practices on managerial decision-making. Data for the study were gathered via a structured questionnaire on a 5-Points Likert Scale administered on personnel of Accounting, and Audit/Internal Control departments which were considered to be the relevant departments for this study in 16 quoted firms in the Nigerian financial services sector. The questionnaires distributed were returned and analyzed using a simple regression analysis model. The study found that HRA has a significant impact on managerial decision-making of organizations. It was therefore recommended that organizations should be more proactive in the use of HRA to enhance decision-making. Necessary and relevant standards should also be provided on the need for recognizing human resource cost in organizations’ statement of financial position in order to enhance adequate decision-making in business organizations premised on fair financial reporting.

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A Survey of Managerial Uses of Human Resource Accounting

Indian Journal Of Applied Research ◽

10.15373/2249555x/dec2012/35 ◽

2011 ◽

Vol 2 (3) ◽

pp. 114-115

Author(s):

Rakholiya Nisha Rasikbhai ◽

◽

Dr. Prashant Makwana

Keyword(s):

Human Resource ◽

Human Resource Accounting ◽

Resource Accounting

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ANALISIS DETERMINASI PENGHAMBAT PELAPORAN AKUNTANSI SUMBER DAYA MANUSIA

Jurnal Riset Keuangan Dan Akuntansi ◽

10.25134/jrka.v4i1.1334 ◽

2018 ◽

Vol 3 (2) ◽

Author(s):

Amir Hamzah

Keyword(s):

Human Resources ◽

Human Resource ◽

Variable Cost ◽

Significant Positive Effect ◽

Microfinance Institutions ◽

Sample Number ◽

Human Resource Accounting ◽

Resource Accounting ◽

Accounting Report ◽

Positive Effect

This study aims to analyze the determination of inhibiting reporting of human resource accounting at Shariah microfinance institutions in Kuningan Regency, with the sample number of 70 respondents of shariah microfinance institutions.�� This study used a qualitative descriptive research method and verification with interview or questionnaire technique. Research data were tested using instrument test, classical assumption test, multiple regression test.�� The results showed partially variable cost of human resources have a significant positive effect on human resources accounting report, variable measurement of human resources value has a significant positive effect on the human resources accounting report and together show that the variable cost of human resources and measurement value human resources to the accounting reports of human resources.�Keywords: Human Resource Cost, Human Resource Measurement Value, Human Resource Accounting Report

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FAKTOR FAKTOR YANG MEMPENGARUHI PENGUNGKAPAN AKUNTANSI SUMBER DAYA MANUSIA PADA PERBANKAN

Wahana ◽

10.35591/whn.v22i1.150 ◽

2019 ◽

Vol 22 (1) ◽

pp. 61-72

Author(s):

Rani Eka Diansari ◽

Sheftyka Rispin

Keyword(s):

Human Resource ◽

Stock Exchange ◽

Sampling Technique ◽

Significant Positive Effect ◽

Accounting Disclosure ◽

Analytical Technique ◽

Human Resource Accounting ◽

Negative Effect ◽

Resource Accounting ◽

Positive Effect

This study aims to determine the effect of firm size on human resource accounting disclosure, the effect of profitability on human resource accounting disclosure and the effect of company age on human resources accounting disclosure. The population of this study are banking companies listed on the Indonesia Stock Exchange in 2015-2017 with a sample of 120 samples. The sampling technique uses purposive sampling method. The data used is secondery data. Analytical technique used are descriptive statistical analysis, classical assumption test, multiple linear regression, F test, t test and R2 test. The result of the study concluded that 1.) the value of the company sixe was 2,870 and a significance value of 0,005. This proves that the size of company has a significant positive effect on human resource accounting disclosure, 2.) the profitability value is -0,585 and the significance value is 0,560. This proves that profitability has a negative effect not significant on human resource accounting disclosure and 3.) the value of the company age is 1,616 and the significance value is 0,109. This proves that the age company has no significant positive effect on human resource accounting disclosure. Keywords: company size, profitability, company age, human resource accounting disclosure

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