A Critical Examination Of Human Resources Accounting As A Tool For Measurement Of Human Capital

CHAPTER ONE: Introduction 1.1 Background to the study Business organizations now spend enormous sums of money and spare no effort in selecting, training, re-training and developing their managers to equip them adequately to meet the challenging tasks arising from internal and international developments. The increasing technical complexity of modern business and the time required for personnel to gain skills, and experience and judgement in many vital areas makes brain power the critical resource in our economy. Financial analysis stresses the quality of management behind the business more than…