Accounting Research On The Human Capital Equities

The society is increasingly realizing and acknowledging the key role by the human capital in the economic development. It is essential to establish a framework of theory and regulation to give sufficient protection to the human capital equits.Human capital refer to the value of the laborer who are involved in the production and operation with the aim to make profits. This value should be based on the contribution the human resource has made in the process of value production.Human capital equities refer to the rights and interests shared by the human resource possessor in the operation of the capital, including the arrangement of the ownership, demanding rights of the surplus value and the rights for the maintenance and increasing of the capital value. A new business system should be established which should recognize the fact that the human capital shares the ownership of the enterprise and the equal demanding rights of the surplus value with the material capital. At the same time, it must also share the corresponding risks. Different from the material capital, the demanding rights of the surplus value can't embody the rights for the maintenance and increasing of the human capital. It must be fulfilled by the conscious human investment.The accounting processing of the human capital equities include the accounting confirmation, accounting measuring, accounting calculating and accounting publication, relevant elements of human capital equities should be confirmed as accounting elements. Human asset concepts are further explained. And the concept of human resource debt and recursion human asset is set up. The accounting formula is re-established. The core of accounting calculating is counting the value contribution of human resource. Each link in the business operation and every laborer can be regarded as an "independent" counting body in the framework of the present finance accounting in the principle of value chain. The economic activities of each link and every laborer are directly calculated as laboring contribution. Cost and achievement value are calculated for economic activities at each link. The capital outflow hi the value production in each link is calculated as the link's cost and the inflow of capital or rights as the earning. The cost and the earning are directly matched to calculate the value at this link for the certain laborer. Accounting publication is to work out the accounting report reflecting the accounting information. This paper designs the format and content of the report explaining relevant human resource capital rights.