What is human assets accounting method?
Human assets accounting method refers to the activity devoted to attaching money estimates to the value of a firm’s internal human organisation and its external customer goodwill. If able and well trained personnel leave the firm, the human organisation is worthless, if they join it, its human assets increase. If distrust and conflict prevails the human enterprise is devalued If team work and high morale prevails, the human organisation is a very valuable asset. This method is not very popular and not being used.