In the contemporary knowledge economy, the value of enterprises increasingly hinges on the quality of their human capital. Human Resource Accounting (HRA) emerges as a pivotal field, offering methodologies to quantify, evaluate, and manage human capital effectively. This paper delves into the theoretical underpinnings of HRA, exploring models such as Human Resource Cost Accounting and Human Resource Value Accounting. Additionally, it examines the challenges hindering the widespread adoption of HRA, including theoretical immaturity, limited understanding, integration issues with corporate culture, cautious information disclosure, assessor competence deficiencies, and weak enterprise talent concepts. Strategies to overcome these challenges are proposed, encompassing enhancements to the theoretical framework, information technology proficiency, competence of accounting personnel, optimization of HR department functions, and refinement of legislation. By addressing these challenges and implementing strategic solutions, enterprises can effectively leverage human resources to achieve sustainable development and navigate the complexities of the modern market environment.
Kang Li (Sat,) studied this question.