Conflicting conceptualizations of human resource accounting
Journal of Human Resource Costing & Accounting
ISSN: 1401-338X
Article publication date: 1 November 2011
Abstract
Purpose
The purpose of this paper is to examine the differing perceptions or conceptualizations that have contributed to prevailing views held by accountants on the measurement and reporting of human resources.
Design/methodology/approach
The study provides an analysis of extant literature and presents a theoretical framework on the relationship between HR, intellectual capital and goodwill.
Findings
The lack of traction in the progress of accounting for people is due to several factors including tension between employees and management, the demands of internal and external stakeholders, and the historic roots of accounting for labour.
Research limitations/implications
The paper provides suggestions as to how the debate regarding the valuing and reporting of human resources may be rekindled.
Originality/value
This study highlights the historical context for the lack of traction in the area of accounting for people, and the relatively recent development of the Intellectual Capital Statement as a partial but positive development in the area.
Keywords
Citation
Steen, A., Welch, D. and McCormack, D. (2011), "Conflicting conceptualizations of human resource accounting", Journal of Human Resource Costing & Accounting, Vol. 15 No. 4, pp. 299-312. https://doi.org/10.1108/14013381111197234
Publisher
:Emerald Group Publishing Limited
Copyright © 2011, Emerald Group Publishing Limited