Description

SYLLABUS

 

(1)    Human Resource Accounting: An Overview:

• Human Resource Accounting – Meaning, Need and Objectives of HR Accounting.
• Historical Development of Human Resource Accounting.
• Cost of Human Resource – Acquisition Cost, Training and Development Cost and additional Cost.
• Benefits and Limitations of Human Resource Accounting.
• Reporting of Human Resource Accounting at National Levels.
• Disclosures at International Level.

 

(2)    Methods and Human Resource Accounting Practices in India:

• Methods of Human Resource Accounting:
• Cost of Production Approach – Concept:
• Historical Cost Model – Meaning, Advantages and Limitations.
• Replacement Cost Model – Meaning, Advantages and Limitations.
• Opportunity Cost – Meaning, Advantages and Limitations.
• Capitalized Earnings Approach – Concept:
• Economic Value Model – Meaning, Advantages and Limitations.
• Capitalization of Salary – Meaning, Advantages and Limitations.
• Statutory Provisions governing HR accounts.
• Human Resource Accounting Practices in India.

 

(3)    Human Resource Audit: An Overview:  

• Human Resource Audit – Meaning, Features, Objectives of HR Audit.
• Benefits and limitations of HR Audit.
• Need and Significance of HR Audit.
• Process of HR Audit.
• Approaches of HR Audit.
• Principles of Effective HR Auditing.
• Role of HR Auditor.
• Methods of conducting HR Audit – Interview, Workshop, Observation, Questionnaire.
• Components of HR Audit.
• HR Audit and Workforce Issues: Workforce Communication and Employee Relations, Performance Management, Compensation System, Teambuilding System.

 

(4)    HR Audit for Legal Compliance and Safe Business Practices:

• Areas covered by HR Audit – Pre-employment Requirements, Hiring Process, New-hire Orientation Process, Workplace Policies and Practices.
• HR Audit as Intervention – Introduction, Effectiveness of Human Resource Development Audit as an Intervention.
• Human Resource Audit and Business Linkages.
• Human Resource Auditing as a Tool of Human Resource Valuation: Introduction, Rationale of Human Resource Valuation and Auditing, Valuation of Human Resources, Issues in Human Capital Measurement and Reporting.