human resource accounting ,in essence , mean accounting for an organization's employees among its other resources , that is , measuring both the cost and the value of the personnel.
it's not neccessary to debate whether human resource are assets , as this issue is relevant only to financial reporting and not to the providing of information useful to management. from a taxation viewpoint it is preferable to consider all costs as current (debuctible) expenses rather than to capitalize them.Yet people clearly represent capital assets of an organization , providing returns over long period of time.A management development program,for example ,is a current expense , but the benefits are experienced perhaps years later