Level of Awareness of Human Resource Accounting by Indian Industries: An Empirical Study

Abstract

The necessity of Human Resource Accounting in an organisation it is essential to disclose adequate information of Human capital in the annual report of the organisation. AS per International Accounting Standard (IAS) 38, ‘A resource controlled by an entity as a result of past events and from which future economic benefits are expected to flow to the entity’ is human assets. The study is based on the awareness of Indian firms about disclosure of human recourse in annual report. Some Large Cap companies have prepared separate annual human resource report. The purpose of this paper is to investigate the extent of corporate disclosure of human resources (HR) in the annual reports of top performing Indian companies. This research provides new directions for the literature in the area Human Resource Accounting and may promote comparative HR-based studies with different perspectives.