We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Human Resource Accounting Policies and Practices: A Case Study of the Nigerian Banking Sector - Research Proposal Example

Comments (0)
Human Resource Accounting Policies and Practices: A Case Study of the Nigerian Banking Sector Table of Contents Introduction 3 Understanding and Importance of Human Resource Accounting 3 Brief Overview of Nigeria and its Banking Sector 5 Human Resource Practices in Nigerian Banking Sector 7 Conclusion 8 Reference 9 Introduction The management practices and concept in the post-modern era have been changed significantly…
Download full paper

Extract of sample
Human Resource Accounting Policies and Practices: A Case Study of the Nigerian Banking Sector

Download file to see previous pages... The increasing importance and evolving role of HR is due to the changing views and structure of post-modern organisation. Traditionally, the business owner used to perceive the employees as a cost to business; whereas, now, they believe that costs to employees are very significant investment. In recent times, a number of theories and concepts have been developed for the betterment of human resources in order to increase the productivity, efficiency and effectiveness of the organisation for a success in the long run. Understanding and Importance of Human Resource Accounting Human resource accounting (HRA) is one of the most evolving and useful concept in the human resources management. HRA can also be termed as a method for assessing the performance of human resource management. This concept has been derived on the basis of financial accounting where the focus is on the management of financial capital. In case of HRA, the theoretical basis is the human capital that “refers to the stock or value of the future goods and services that are to accrue from the human components of an organisation” (Cleverley, p.172). In case of financial accounting, most of the recorded and assessed inputs and outputs are tangible in nature apart from the intangible assets like goodwill, intellectual property. The goodwill is the asset that generated automatically if a company is able to maintain higher employee productively, better personnel management, satisfied customer services etc. HRA is the method and process that helps a company to achieve higher goodwill by implementing the optimal human resource policies. Flamholtz has defined that “a major purpose of human resource accounting is to help managers to use and organisation’s human resource effectively and efficiently” and it also offers very important information for acquiring, developing, allocating, conserving, utilizing, evaluating and rewarding human resources” (Flamholtz, p.24). The objective of HRA can compared with the objective of financial accounting. Like the objective of financial account i.e. to offer information to the users (investors) of financial report, the HRA offers information to the managers regarding the human resource asset and capital (Riahi-Belkaoui, p.281). This information is necessary for multiple tasks relating to HR management like decision making, promotion, training & development etc. In the managing the HRA and policies, the managerial role plays an instrumental role. In HRA, the prime role of HR managers is to transform the human resource capital or inputs into productive outputs. This can be described using the following model. Figure 1: Raw Human Transformed into Valuable Human Output (Source: Vijayakumar, p.8.2) As per the above figure, the inputs are employees and other human capital which are transformed through a process for multiple tasks, and finally overall effectiveness and efficiency increased. Brief Overview of Nigeria and its Banking Sector In spite of constant political and other types of country risk in Nigeria, its banking sectors has been able to survive and serve the financial activities of the nation. Due to these higher level of ...Download file to see next pagesRead More
Comments (0)
Click to create a comment
Human Resource / Personnel Economics
This is the reason why firms are in the continuous process of adjusting their personnel policies so that they can arrive at the most fair, realistic and rational regulations that relate the employer and the employee (Wayne, Noe, and Gowan 244). In an organization, there are many personnel policies that can be considered, and it remains the discretion of the firm to sort and determine which ones best suit the organization in terms of how they are likely to make the realization of objectives and enhancement of fairness a reality.
6 Pages(1500 words)Research Proposal
Cofdis case study
There must be a clear research on the demographics of the North European family just stated. This includes gathering data on the credit habits of these families. At the same time, their salaries and other sources of income must be surveyed. Research on such information as how often they avail of consumer credit, what is the typical range of the amount of loans being borrowed by these people, and how much doubtful loans are being incurred as a result of servicing them.
2 Pages(500 words)Research Proposal
Human Resource Planning Research Proposal
Steve Jobs, CEO of legendary Apple Computers states that in terms when technologies may be stolen and products may be easily duplicated by competitors the only way for a company to achieve and sustain its competitive advantage is to invest in its personnel.
20 Pages(5000 words)Research Proposal
Human Resource Training
Within the mainstream HRM literature, there is a long tradition of research arguing that in order to make an optimal contribution to firm performance, HRM policies and practices should be integrated both with firm strategy, so-called vertical strategic integration and with each other, so-called horizontal integration Turner, Keegan & Hueman 2006).
7 Pages(1750 words)Research Proposal
Human Resource Development at Primark Stores Ltd
Primark has successfully created a niche for itself because it offers competitive prices, quality products and target marketing from its strategically located outlets. The one located at 106 - 122 Market Street Manchester comes in this category as well. The main intention of the study is to develop an understanding of the concepts of Human Resources Management in general and how the established theories and principles are applied to a particular organization.
3 Pages(750 words)Research Proposal
Organizational behavior case study
e minded, or more negative behavioral, she becomes a positive thinker and finds out the ways in which her colleague could earn what she failed to achieve. Being energetic, responsible and abstaining from absent mindedness are some factors that can really tend a worker to be more
6 Pages(1500 words)Research Proposal
Human Resource Development and Consultancy
Paul Iles model was selected based on the evidence in HRD that support the ‘Best Fit’ Approach. This model covers all aspects that directly or indirectly affect the Business
12 Pages(3000 words)Research Proposal
Human resource management in Marine & Shipping Industry - Research Proposal
Increasingly flexible tax regimes, the highly mobile workforce and advancing globalization are creating both challenges and opportunities for the industry. The marine industry is often reshaped by
5 Pages(1250 words)Research Proposal
Effect of foreign direct investment in the banking sector on the Libyan banking industry
An investment in a foreign market can also be referred to as a FDI if the foreign company acquires a significant stake in an already existing firm. The acquired stake must enable the foreign firm to have a controlling interest in the company. This means that the
8 Pages(2000 words)Research Proposal
Effectiveness of Talent Management in the field of Human resource
It arose as a result of the competition for talent between organizations. Some of the activities include succession planning, high potential management, and assessment.
1 Pages(250 words)Research Proposal
Let us find you another Research Proposal on topic Human Resource Accounting Policies and Practices: A Case Study of the Nigerian Banking Sector for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us