Study On Human Capital Valuation Of Corporation

In the industrial economy to a knowledge-based economy conditions, the elements of technology and management as represented by the role of human capital in the production of which is particularly prominent. Japan, for example, Japan is the world's rare in resource-poor country with many important resources almost entirely on imports, such as coal, iron ore, bauxite (aluminum material), and phosphate rock 100% imported oil for imported dependence up to 99.8%,that is, in such a natural endowment, Japan has long maintained the position of second in the world economic output, Japan is how to create such enormous value? These values are what constitute it?Economists give us an answer-human capital plays a decisive role in the creation of human capital, the value of this magnitude, these values contain a great value of human capital, human capital is the capital of most capacity building Capital, Japan attached great importance to the education of workers, namely, human capital investment, today's great-power status of the Japanese economy has laid an important foundation.Compatible with the industrial economy era, modern enterprise organization and enterprise system mainly on the basis of "capital fundamentalists" principle to build the (Wang,2001).The so-called "capital fundamentalists" principle refers to the basic social organization and economic power is based on the financial capital as the center built, the financial capital is the economic center of power, society's basic economic system is the financial capital, wage-labor system, corporate governance structure with financial capital as the central provider of financial capital that has residual control rights and residual claims, the current accounting theory and methodology that is formed on this basis. With the continuous development of knowledge-based economy, the existing system of accounting theory and methods not fully reflect the operation and role of human capital, to continue the existing system of accounting theory and methods be improved so that it can fully reflect the operation and role of human capital.The basic function of accounting is to be accounted for and monitoring of economic activity, accounting for the economic management accounting functions of the collection, processing, storage, and transport all kinds of accounting information, accounting on the premise that the valuation of human assets.There is no perfect human capital theory, there would be reasonable and perfect the human capital accounting methods, human capital, finance is even more castles in the air.In human capital theory, the research process, which restricts an important factor in the further development of the theory of human capital valuation issues.View of the above background, this paper, the existing human capital theory, based on the valuation of human capital theory and practice-related research, based on the valuation models to build human capital. Human capital valuation models should be a group of interrelated model of the composition, this paper intends to build three-based human capital valuation models:the individual human capital into the enterprise in accordance with the contract when the total amount of individual human capital valuation models, individual human capital, current cost valuation model,the individual changes in fair value of human capital, profit and loss model, by these three basic models, can be further deduced to other relevant human capital valuation models, For accounting and financial areas of the human assets, human capital, further research to provide a research base.