Human Resource Accounting Orientation And Its Applications In Management

Accounting has shaped two branches with its development: financial accounting and managerial accounting. Human capital theory had formed and developed during 1950'-1990'years. Development of human capital theory has midwiferied human resource accounting. America has springed up human resource accounting research during 1960's. Our state accounting academics has begun to introduced and researched human resource accounting since 1980's.There are two basic issues in human resource accounting which are needed to resolve at the present time: first, human resource accounting belongs to financial accounting, or belongs to managerial accounting? Or belongs to both? This is the issue on orientation of human resource accounting; Second, how to resolve the issue on application of human resource accounting. This paper researches and discusses two basic issues in order to (1)help researchers of human resource accounting to find the right direction and make human resource accounting research easier and less errors,(2)make better applications of human resource accounting in enterprise management.The paper demonstrates orientation and applications of human resource accounting. First, the paper demonstrates three issues: human resource accounting brings into the system of financial accounting whether can satisfy information user's impersonality need or not, human resource is whether recognized as a kind of asset and accepted in the system of financial accounting or not, and under human capital property rights characteristic theory, probing into accounting attribution of human assets. My conclusions are: human assets does not belong to the assets of financial accounting, human resource accounting does not belong to the system of financial accounting.After that, the paper analyses and criticizes the faint problems and its disfigurements of the three kinds of human resource accounting patterns in existence, which strengthens my point of views, and considers that human resource accounting belongs to managerial accounting.Last, the paper demonstrates necessity and feasibility about that human resource accounting bringing into managerial accounting, and discusses the issues of applications of human resource accounting.The paper innovation point of view is that human assets can not be identified in...