Human Capital Accounting

Definition

A set of methods for measuring and reporting the economic value of an organisation's workforce, including recruitment costs, training investment, experience, and productivity contributions. Human capital accounting seeks to address the gap between traditional financial reporting and the true value that people create within knowledge-intensive enterprises.

Related Terms

Headcount Efficiency Herfindahl-Hirschman Index (HHI) Holding Period Human Capital Human Capital Return on Investment (HCROI)

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