What question did this study set out to answer?

The aim is to clarify the contradictory views on human capital and propose a measurement procedure for financial statements.

On the Use of the Economic Concept of Human Capital in Financial Statements.

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This article proposes a method to include human capital in financial statements, highlighting its economic value.

The aim is to clarify the contradictory views on human capital and propose a measurement procedure for financial statements.
Analyzed the dichotomy between human and nonhuman capital in accounting
Reviewed economists' perspectives on human capital as a wealth source
Explored practical procedures for incorporating human capital into financial reporting
Established that human capital is often ignored in traditional accounting
Demonstrated the economic significance of human capital
Provided a method for decision makers to assess human capital in organizations

Lev et al. (1971) studied this question.

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