HR ACCOUNTING
HR ACCOUNTING INTRODUCTION TO HR ACCOUNTING Traditionally, workers are treated as costs to be kept down and not as assets that are developed. HRA can be considered a giant leap forward in how organizations will understand and deal with their human capital because it is going to associate a cost to workers on an ongoing basis, depending on whether they are doing all they can to contribute to the organization's overall success or not. This practice involves the measurement and analysis of human resources metrics, which include recruitment costs, training expenditure, productivity levels, and employee turnover rates. Implementing HRA practices would enable organizations to gain insights into the financial implications of such decisions in order to drive more strategic choices pertaining to hiring, training, and overall employee development. IMPORTANCE IN ORGANIZATIONS The role of HR Accounting is multi-dimensional and has a wider scope as related to the organizations. HRA