Land and labour: The value of assets
Article publication date: 1 April 2000
Stakeholders are entitled to be properly informed about their interests in an enterprise, not only in terms of the cost of assets such as land and labour, but also in terms of the value of these assets. The value of land could be influenced by environmental pollution, damages and rehabilitation activities, which should be accounted for in financial and non‐financial terms. In contrast to the tendency to calculate and include only the cost of labour, the value of labour should also be determined to include aspects such as knowledge, skills, organising proficiency and customer relations.
Beukes, C.J. (2000), "Land and labour: The value of assets", Meditari Accountancy Research, Vol. 8 No. 1, pp. 1-13. https://doi.org/10.1108/10222529200000001
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