Liaohe Oilfield, Human Resource Accounting Study

Human Resource is a crucial element for creating social treasure. In the process of remising the ownership of human resource, two elements should be considered. One is the need for compensating the value of reproduction. The second, which should be more important, is that human resource should participate in the allocation of the surplus value of the enterprise in which the individual human resource is involved. The core of the human resource accounting is to clarify the laborer's rights and interests to inspire the human being's creativity and the enterprise's energy. These are the questions that human resource accounting must face with.Traditional accounting did not take the human resource into account. As a result, the allocation for income of the property right of human resource is not sufficient. This is inevitable because there isn't any actual foundation for evaluating or computing the value of human resource. These are the new area the human resource accounting should explore into.The purpose of this essay is to provide with integral information when considering human resource accounting, to build up a foundation for reckoning revenue of the property right on human resources. The essay starts with the analysis on the theory of value allocation, pays great attention to the modes of capitalizing human resources. The basic principles for recognizing human resources are also expatiated in order to evaluate the value of human resource as well as to realize the accounting calculation. Through identifying human resource accounting elements, a sound human resource accounting report system can be established.The research on the human resource accounting is complicated. The fact that there isn't any theoretical basis or experience accumulated from practice makes the work even more difficult. But this also makes the research worthwhile because it is beneficial to the creativity of human resource management both theoretically and practically.