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What is human resource accounting?
Human resource accounting is process of identifying, measuring and communicating the human resources investment and contributions which the conventional accounting have not taken care of in the financial statement. It is the quantification of the cast and value of employees to an organization.
Scope of human resource accounting?
Human resource accounting usually involves the management of payroll, benefits and bonuses. Accounts receivable and accounts payable are usually handled by the operations department.
What is the relationship between human resource department and accounting department?
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What are the subfields of accounting?
1. Financial Accounting 2. Cost Accounting 3. Management Accounting 4. Social Accounting 5. Human Resource Accounting 6. National Accounting
Objectives of Human Resource Accounting?
==Answer==Main objective s of human resource accounting are:Improve management by analyzing investment in human resource.To consider human resource as an asset.Attract and retain qualified people.Profile the organization in financial terms
What has the author Katie R Schneider written?
Katie R. Schneider has written: 'Human resource accounting' -- subject(s): Accounting, Bibliography, Human capital, Personnel management
What is environmental and natural resource accounting?
Natural resource accounting is an systematic process of analysing and formulating the natural resource depletion. In other words it is an accounting for natural resources similar to profit and loss i.e. harmful effect to the environment and natural resources versus the steps taken or benefits prevented from the human efforts to the environment. Hence, human uses the natural resources and that is why is accountable for the sustainable development of the environment.
How will changes in the labor force affect human resource management practice?
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What is an enterprise resource planning system?
An enterprise resource planning system is every information system in an organization. The enterprise resource planning system consists of the accounting system, human resource system and the information system an organization has.
What has the author John A Brierley written?
John A. Brierley has written: 'Human resource management issues in accounting and audit firms' -- subject(s): Accounting firms, Personnel management
What is the difference between policy and practice in human resource?
Yes, there is difference between policy and practice. A policy is rules, regulations and procedures that you should follow within a practice.
What are the functional areas of enterprise resource planning?
There are several common functional areas of enterprise resource planning. Examples include data services, project management, human resources and accounting.
