Human Resource Accounting: Exploring the phenomena of HRA in Bengaluru Information Technology (IT) Industries HRA

Abstract

This paper reviews the literature available on the perception of human resource accounting. As per the study Human Resource Accounting Practice In information technology (IT) emphasizes the fact that human resources should be treated as assets like physical and financial assets because the quality and calibre of the people working in an organization are the real assets of a firm. The information on human capital not only helps the companies to retain the best employees but also helps the companies to move in the right direction of its potentiality. The economy of many nations is driven by knowledge-based sectors. The information on human capital in IT sector not only helps the companies to retain the best employees but also helps the companies to move in the right direction of its potentiality.