Methodological Aspects of Human Capital Accounting under Conditions of Assets Investment in Human Resources

• Main Authors: Nikolai Tikhonovich Labyntsev, Mariya Aleksandrovna Kuznetsova
• Format: Article
• Language: Russian
• Published: Government of Russian Federation, Financial University 2019-01-01
• Series: Учёт. Анализ. Аудит
• Subjects: актив; человеческий капитал; человеческие ресурсы; инновации; знания; инвестирование; эффективность; методика, бухгалтерский учет; оценка и переоценка; asset; human capital; human resources; innovation; knowledge; investment; efficiency; methodology; accounting; evaluation and revaluation
• Online Access: https://accounting.fa.ru/jour/article/view/193

Introduction, Purpose. This scientific research is relevant because there is a need for an in-depth study of the methodological aspects of human capital accounting under conditions of assets investment in human resources. The purpose of the study is to develop methodological provisions for human capital accounting under conditions of assets investment in human resources. To achieve this goal it was necessary to do the following: • to study the essence of human capital and human resources in order to clarify the conceptual framework and assess their role under conditions of innovative development of organizations; • to develop an algorithm for effective economic calculation of the cost of depreciation of human resources and the accounting aspect of recording it in production costs; • to develop the methods of human capital accounting under conditions of assets investment in human resources on the basis of modern information technologies. Methods. In the research the following general scientific methods of cognition were used: induction, deduction, analysis, synthesis, generalization of theoretical and factual material, observations, comparison, analogy, and graphical methods of data interpretation. These methods were helpful in developing a number of human capital accounting modules which make the basis for the methodology of human resources accounting including human resources which as an asset of the company human resources are subject to systematic accounting; the choice of valuation and revaluation of human resources in the accounting system; the choice of the method of calculating depreciation, the grouping of costs in human resources accounting and the choice of the method of accounting for the financial result from the functioning of human resources in the company. Results. The research resulted in the development of an algorithm for the economic calculation of the cost of human resources depreciation based on the period to obtain the value added from the sales of production involving human capital, as well as the accounting aspect of its recording in production costs, bringing the value of human capital to zero at the end of the reporting period. Discussion. From the perspective of a differentiated approach to the human capital accounting under conditions of investment, the proposed methods will make it possible to develop a methodology for the objective calculation of the financial result from involving the potential of human resources.