A comparative study of human resource accounting disclosure practices in Indian companies

The human resource element is extremely important, vital and touchy factor of production that success of any organization, to a great extent, relies on the quality and character of the people working on it. Therefore, human assets are the real resource of a company. HRA is a new specialized branch of accounting that is an accounting technology of identifying, measuring, classifying, summarizing and reporting the data about human resources. The basic objective underlying human resource accounting into facilitation the effective and efficient management. Hence an attempt is made to analyze the HRA disclosure in selected Indian companies. 20 companies were selected for the study, out of that only 6 companies (3 Public and 3 Private sector companies) were following HRA, Descriptive Statistics and one sample test were used to find the difference in the disclosure of Human Resource variables in selected Indian companies. The result of the study shows that the public sector is following better HRA disclosure practices than the private sector.