Human resource accounting is the process of assigning, budgeting, and reporting the costs of human resources incurred by an organization, including wages, salaries, and training expenses. The objectives of human resource accounting are to help organizations with decision making, monitor the effective use of human resources by management, attract and retain qualified employees, analyze human assets, and profile the organization in financial terms. A human resource audit identifies and measures data about human resources and communicates this information to interested parties.

1. • Priya,m.com(honrs)
6thsem
ROLL NO.59

2. Human resource
Accounting and
auditing

3. Defination :
Human Resource accounting Is the
process of assigning,Budeting and
reporting The cost of Human
resource Incurred In an
organization ,including wages And
salaries and training expenses

4. Concept of HR Accounting
 HR accounting is a new branch of new accounting .
 It is the measurment of The cost and vale of People
of organization.
 It involves measuring cost incurred by private firm
And public sectors to tain ,hire ,select , and
Develope employees and judge their economic
valUe to the organisation.

5. Objective of HR
Accounting
 Its help the organisation in decision making process
 To monitor effectivily The use of human resourceS by the
management
 Attract and Retain qualified people .
 To have analysis Of an human assets .
 Profile the organisation in financial Term.

6. HR Audit :-
 The american Accounting association
Committee On human resource accounting
(1973) has define human resource
accounting As‘The process of identifying
and Measuring data about human resource
And Communicating this information To
intrested parties.

7. Need and purpose ot
human resource
Auditing:-
 Human resource Audit is Highly Useful for the
purpose.
 Increases Size of orginazition And personal
 Change phiLosopy Of management toWards HR.
 Increasing strength and influence union.

8. Approches of human resource
audit:-
 Comprotative approach.
 Outside approach Authority .
 Stactistical approach .
 Compliance Approach.
 Management By ojective (MBO)Approches.

9. Thank you!!!