human asset accounting
Related definitions of "human asset accounting"
- Also called human capital accounting
Human resource accounting, or human asset accounting, has been primarily developed in the United States under the guidance of Professor Eric Flamholz. He sees the value of a person as the product of two interacting variables—his or her conditional value and the probability that the person will stay
By Andrew Mayo
are also the impetus for a fundamental shift in organizational thinking in terms of the people employed. Organizations that adopt a human capital approach to the management of their workforce immediately shift that workforce from the cost to the asset side of the balance sheet. People become assets
By Angela Baron
that is far from normal. However, many asset allocation methodologies still do not take these trade-offs into account, because they either assume that the returns on assets are normally distributed, or they assume that investors only have preferences concerning standard deviation, and not skewness or kurtosis.
By Tom Coyne
Definitions of ’human asset accounting’ and meaning of ’human asset accounting’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’human asset accounting’ and other financial terms with our online QFINANCE Financial Dictionary.