The Role of Human Resource Costing in Assisting Investors to Appraise the Human Assets of a Business Enterprise

Alnasser Nabil Mahmoud; Shaban Osama Samih; Atieh Abdallah K

doi:doi:10.11648/j.ijefm.20140202.11

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The Role of Human Resource Costing in Assisting Investors to Appraise the Human Assets of a Business Enterprise

Alnasser Nabil Mahmoud, Shaban Osama Samih, Atieh Abdallah K

Published in International Journal of Economics, Finance and Management Sciences (Volume 2, Issue 2)

Received: 29 January 2014 Published: 10 March 2014

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Abstract

This research study aims to contribute in modifying the current accounting practice through recognizing investments in human resources as an asset cost. The current study try to explain that, the original cost of human resource is the sacrifice that was actually incurred to acquire and develop people. The current accounting practices for human assets causes an important problem to investors and management, because it distorts the measurement of return on investment. The study concluded that in order to apply an actual human resources accounting system, companies should use the human resource costs concepts and measurements techniques in a good and effective manner while planning for its costing system.

Published in	International Journal of Economics, Finance and Management Sciences (Volume 2, Issue 2)
DOI	10.11648/j.ijefm.20140202.11
Page(s)	117-122
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2014. Published by Science Publishing Group

Keywords

Human Resource Costing, Human Resource Accounting, Allocating Human Resources, Measuring Investment

References

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[2]	Cascio, W. F. "Managing Human Resource: Productivity, quality of work life, profits" 9th ed. New York: McGraw-Hill, 1998.
[3]	Eric G. Flamholtz, "Human Resource Accounting: Advances in Concepts, Methods, and Applications" 3RD ed. Kluwer Academic Publisher, 1999.
[4]	Cascio, W. F, 1998.
[5]	William B. Werther and Keith Davis "Human Resources and Personnel Management" McGraw-Hill-New York, 5th ed. 1996.
[6]	Eric G. Flamholtz, 1999.
[7]	Raymond J. Stone "Human Resources Management", John Wiley & Sons Australia Ltd. 7th ed. 2010.
[8]	Wayne Cascio, ‏John W. Boudreau "Investing in People: Financial Impact of Human Resource Initiatives" 2nd ed. Pearson edu. Inc. 2010.
[9]	William B. Werther and Keith Davis, 1996.
[10]	Pareek, Udai "Evaluating human resource development" Jaipur. HRD Research Foundation. 1997.
[11]	Eric G. Flamholtz, 1999.
[12]	Wyne F. Cascio, "Costing Human Resources: The Financial Impact of Behavior in Organizations" South-Western College Publishing/Thomson Learning, 4th ed. 2000.
[13]	Eric G. Flamholtz, 1999.
[14]	Eric G. Flamholtz, 1999.
[15]	Eric G. Flamholtz, 1999.
[16]	Parikh, Margie & Gupta, Rajen, "Organizational behavior" TATA McGraw-Hill. 2010.
[17]	Hermanson, R.H "Accounting for Human Assets" Occasional Paper No. 14, Graduate School of Business Administration, Michigan State University. 2004.
[18]	Wyne F. Cascio, "Costing Human Resources" 2000.
[19]	Lev, B. and Schwartz A. "On the Use of the Economic Concept of Human Capital in Financial Statements, Accounting Review, pp. 103-112. 1971.
[20]	Rensis Likert and David G. Bowers, "Improving the Accuracy of profit and loss reports by estimating the change in Dollar value of the human organization". Michigan business Review. 25 March. 1973.
[21]	Jahmani, O.E., & Al-Omari, A. "Implementing Cost Accounting Systems on Jordanian Banks: Field Study" Abhath Yarmouk University, 19(2). 2003.
[22]	Hijazi, I., & Ma’alem, S. Cost Accounting Through Activities. Dar Osama Publishers, Amman, Jordan. 20

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Alnasser Nabil Mahmoud, Shaban Osama Samih, Atieh Abdallah K. (2014). The Role of Human Resource Costing in Assisting Investors to Appraise the Human Assets of a Business Enterprise. International Journal of Economics, Finance and Management Sciences, 2(2), 117-122. https://doi.org/10.11648/j.ijefm.20140202.11

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ACS Style

Alnasser Nabil Mahmoud; Shaban Osama Samih; Atieh Abdallah K. The Role of Human Resource Costing in Assisting Investors to Appraise the Human Assets of a Business Enterprise. Int. J. Econ. Finance Manag. Sci. 2014, 2(2), 117-122. doi: 10.11648/j.ijefm.20140202.11

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AMA Style

Alnasser Nabil Mahmoud, Shaban Osama Samih, Atieh Abdallah K. The Role of Human Resource Costing in Assisting Investors to Appraise the Human Assets of a Business Enterprise. Int J Econ Finance Manag Sci. 2014;2(2):117-122. doi: 10.11648/j.ijefm.20140202.11

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@article{10.11648/j.ijefm.20140202.11,
  author = {Alnasser Nabil Mahmoud and Shaban Osama Samih and Atieh Abdallah K},
  title = {The Role of Human Resource Costing in Assisting Investors to Appraise the Human Assets of a Business Enterprise},
  journal = {International Journal of Economics, Finance and Management Sciences},
  volume = {2},
  number = {2},
  pages = {117-122},
  doi = {10.11648/j.ijefm.20140202.11},
  url = {https://doi.org/10.11648/j.ijefm.20140202.11},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijefm.20140202.11},
  abstract = {This research study aims to contribute in modifying the current accounting practice through recognizing investments in human resources as an asset cost.  The current study try to explain that, the original cost of human resource is the sacrifice that was actually incurred to acquire and develop people. The current accounting practices for human assets causes an important problem to investors and management, because it distorts the measurement of return on investment. The study concluded that in order to apply an actual human resources accounting system, companies should use the human resource costs concepts and measurements techniques in a good and effective manner while planning for its costing system.},
 year = {2014}
}

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TY  - JOUR
T1  - The Role of Human Resource Costing in Assisting Investors to Appraise the Human Assets of a Business Enterprise
AU  - Alnasser Nabil Mahmoud
AU  - Shaban Osama Samih
AU  - Atieh Abdallah K
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DO  - 10.11648/j.ijefm.20140202.11
T2  - International Journal of Economics, Finance and Management Sciences
JF  - International Journal of Economics, Finance and Management Sciences
JO  - International Journal of Economics, Finance and Management Sciences
SP  - 117
EP  - 122
PB  - Science Publishing Group
SN  - 2326-9561
UR  - https://doi.org/10.11648/j.ijefm.20140202.11
AB  - This research study aims to contribute in modifying the current accounting practice through recognizing investments in human resources as an asset cost.  The current study try to explain that, the original cost of human resource is the sacrifice that was actually incurred to acquire and develop people. The current accounting practices for human assets causes an important problem to investors and management, because it distorts the measurement of return on investment. The study concluded that in order to apply an actual human resources accounting system, companies should use the human resource costs concepts and measurements techniques in a good and effective manner while planning for its costing system.
VL  - 2
IS  - 2
ER  -

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Author Information

Alnasser Nabil Mahmoud

Accounting Department, Al-Zaytoonah University of Jordan, Amman, Jordan
Shaban Osama Samih

Accounting Department, Al-Zaytoonah University of Jordan, Amman, Jordan
Atieh Abdallah K

Accounting Department, Al-Zaytoonah University of Jordan, Amman, Jordan

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APA Style

Alnasser Nabil Mahmoud, Shaban Osama Samih, Atieh Abdallah K. (2014). The Role of Human Resource Costing in Assisting Investors to Appraise the Human Assets of a Business Enterprise. International Journal of Economics, Finance and Management Sciences, 2(2), 117-122. https://doi.org/10.11648/j.ijefm.20140202.11

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ACS Style

Alnasser Nabil Mahmoud; Shaban Osama Samih; Atieh Abdallah K. The Role of Human Resource Costing in Assisting Investors to Appraise the Human Assets of a Business Enterprise. Int. J. Econ. Finance Manag. Sci. 2014, 2(2), 117-122. doi: 10.11648/j.ijefm.20140202.11

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AMA Style

Alnasser Nabil Mahmoud, Shaban Osama Samih, Atieh Abdallah K. The Role of Human Resource Costing in Assisting Investors to Appraise the Human Assets of a Business Enterprise. Int J Econ Finance Manag Sci. 2014;2(2):117-122. doi: 10.11648/j.ijefm.20140202.11

Copy | Download

@article{10.11648/j.ijefm.20140202.11,
  author = {Alnasser Nabil Mahmoud and Shaban Osama Samih and Atieh Abdallah K},
  title = {The Role of Human Resource Costing in Assisting Investors to Appraise the Human Assets of a Business Enterprise},
  journal = {International Journal of Economics, Finance and Management Sciences},
  volume = {2},
  number = {2},
  pages = {117-122},
  doi = {10.11648/j.ijefm.20140202.11},
  url = {https://doi.org/10.11648/j.ijefm.20140202.11},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijefm.20140202.11},
  abstract = {This research study aims to contribute in modifying the current accounting practice through recognizing investments in human resources as an asset cost.  The current study try to explain that, the original cost of human resource is the sacrifice that was actually incurred to acquire and develop people. The current accounting practices for human assets causes an important problem to investors and management, because it distorts the measurement of return on investment. The study concluded that in order to apply an actual human resources accounting system, companies should use the human resource costs concepts and measurements techniques in a good and effective manner while planning for its costing system.},
 year = {2014}
}

Copy | Download

TY  - JOUR
T1  - The Role of Human Resource Costing in Assisting Investors to Appraise the Human Assets of a Business Enterprise
AU  - Alnasser Nabil Mahmoud
AU  - Shaban Osama Samih
AU  - Atieh Abdallah K
Y1  - 2014/03/10
PY  - 2014
N1  - https://doi.org/10.11648/j.ijefm.20140202.11
DO  - 10.11648/j.ijefm.20140202.11
T2  - International Journal of Economics, Finance and Management Sciences
JF  - International Journal of Economics, Finance and Management Sciences
JO  - International Journal of Economics, Finance and Management Sciences
SP  - 117
EP  - 122
PB  - Science Publishing Group
SN  - 2326-9561
UR  - https://doi.org/10.11648/j.ijefm.20140202.11
AB  - This research study aims to contribute in modifying the current accounting practice through recognizing investments in human resources as an asset cost.  The current study try to explain that, the original cost of human resource is the sacrifice that was actually incurred to acquire and develop people. The current accounting practices for human assets causes an important problem to investors and management, because it distorts the measurement of return on investment. The study concluded that in order to apply an actual human resources accounting system, companies should use the human resource costs concepts and measurements techniques in a good and effective manner while planning for its costing system.
VL  - 2
IS  - 2
ER  -

Copy | Download