After reading this chapter, you should be able to:
List the objectives of human resource accounting
Enumerate the methods to evaluate human resources
Explain the strengths and weaknesses of human resources accounting
Infosys Technologies has made it a practice to publish the value of its human resources every year as a component of its annual report titled Human Resource Valuation. It introduced human resource accounting in 1995–96 and, thus, became the first software company in India to measure and publicize the value of its human resources. This company uses the Lev and Schwartz model to compute the value of its human resources. Infosys considers the current value of the future ...