QUESTION
The recognition of human capital by modern businesses has led to the development of Human Resource Accounting (HRA)
Required-
(a) Explain the following terms-
(i) Human Resource Accounting
(ii) Human Capital
(b) Describe the role of Human Resource Accounting as a useful tool in measurement and management in organisations
(c) Why is Human Capital an increasingly important issue?
(d) Although human resource has been recognised as important, there have been many barriers to its valuation. Identify and describe four difficulties in the valuation of human capital