Knowledge Economy And Human Resource Accounting

Our society and economy are now experiencing enormous changes wlicii knowledge economy is coming. Talents are key to the success in competition. but in contrast, not reflected in the management information system as ~tii important accounting factor. We are iiow challenged by problems in di: reality which should be solved as soon as possible. How to set up an accounting model based on humanism to respond to the knowlechze ecoiiuniv is of great significance. In this article we will illListfate the econoinic environment human resource accounting roots, its theoretical foundation, its development and the locus will be its overall frame (fundamental theory in economics, accountmiie lactors, purpose, contents, accoLinting equation and equity theory) and two measuring models. Human resource accounting has its limitations. Human capital is [1w most active factor of productivity. Management of human resource is more complicated than that of physical capital. in many industries financial capital is still the ctominant. At the same time researchers have not come to consensus of the model of recognition aiid measurement of human resource. With the help of progress in economic theory and new accounting method. definitely the fiame and methodology ol human resource accounting will K? improved so that it will become a powerful tool of business manaitemliemlt and appraisal of business resource.