Several recent papers have proposed the need to account for an organization's human resources. These papers have argued that is necessary to account for human resources in order to facilitate the effective management of people within an organization. They have also suggested the necessity of providing information about investments in and the value of an organization's human assets to investors to help facilitate their judgments and decisions. Thus the ultimate objective of human resource accounting is to provide valid and reliable measures of the cost and value of people in order to guide decision-making by management and investors.