Human resource accounting in the system of value-based business management
-
DOIhttp://dx.doi.org/10.21511/imfi.14(2-2).2017.10
-
Article InfoVolume 14 2017, Issue #2 (cont. 2), pp. 386-393
- 1124 Views
-
624 Downloads
This work is licensed under a
Creative Commons Attribution-NonCommercial 4.0 International License
Modern economic conditions are characterized by dynamism and complexity, in¬creased competitive confrontation at product markets, rapid changes of the market environment that leads to intensification of the search for advanced approaches to human resource management. Employees, their qualifications and experience are one of the most important factors, without which any prospects of economic growth are neutralized.
The purpose of this paper is to substantiate the essence of human resources as a category of accounting, which is a prerequisite for formation of theoretical and methodological basis of their representation in the context of value-based business management implementation policy.
The article substantiates the essence of human resources as the total number of employees at the company, who are carriers of human assets accumulated in themselves and inseparable from themselves, such as physical abilities, education, experience and professional knowledge that, in conjunction with using the elements of accounting method, creates the basis for presentation of human assets as the company’s right to use them as a part of intangible assets.
Implementation of suggested approach to understand accounting nature of human resources, based on recognition of company’s right to use human assets carried by employees, creates a prerequisite for displaying information about them in the system of accounts and reports of the company that meets the needs of value-based management.
- Keywords
-
JEL Classification (Paper profile tab)J24, J41, М41
-
References19
-
Tables0
-
Figures3
-
- Figure 1. Human resources in the system of accounting items
- Figure 2. The correlation of concepts: “human resources”, “human assets”, “rights to the use human assets” and “intangible assets”
- Figure 3. Algorithm of recognition of rights to use human assets as intangible assets
-
- Becker, G. S. (1993). Human Capital: A Theoretical and Empirical Analysis (with Special Reference to Education). Chicago and London.
- Bieg, H. (2009). Handbuch der Rechnungslegung nach IFRS: Grundlagen und praktische Anwendung. Düsseldorf.
- Butynets, F., Dobia, М. et al. (2010). Teoryia izmerenyia kapitala i prybyli. Krakow: Fundacja Uniwersytetu Ekonomicznego w Krakowie.
- Davydyuk, T. V. (2011). Rozvytok bukhhalterskoho obliku liudskoho kapitalu: teoriia i metodolohiia. Zhytomyr: ZDTU.
- Fitz-enz, J. (2006). Rentabelnost investitsiy v personal: izmerenie ekonomicheskoy tsennosti personala. Мoskow: Vershina.
- Fonarova, Т. А. (2011). Obgruntuvannia kompleksu kilkisnykh kharakterystyk dlia vyznachennia vartisnykh parametriv upravlinnia liudskym kapitalom.
- International Accounting Standards Board (2012). International accounting standard 38 “Intangible assets”.
- Koroliuk, N. М. (2009). Liudskyi kapital yak obiekt bukhhalterskoi metodolohii. Aktualni problemy ekonomiky, 7(97), 252-260.
- Legenchuk, S. F. (2009). Doslidzhennia z obliku i kontroliu intelektualnoho kapitalu v Ukraini: analiz rezultativ ta napriamy rozvytku. Visnyk Doneczkogo universytetu ekonomiky ta prava, 2, 101-106.
- Makarenko, I. (2017). Public companies non-financial reporting and audit in Ukraine: challenges and prospects. Accounting and Financial Control, 1(1), 32-38.
- Makarenko, I., Serpeninova, Y. (2017). Public companies’ transparency in Ukraine: key regulatory requirements. Public and Municipal Finance, 6(1), 8-14.
- Pushkar, М. S. (2007). Stvorennia intelektualnoi systemy obliku. Ternopil: Kart blansh.
- Roos, J., Pike, S., Fernström, L. (2010). Intellektualnyiy kapital: praktika upravleniya. Saint Petersburg: Vіsshaya shkola menedzhmenta.
- Schäfer, H., & Lindenmayer, P. (2005). Externe Rechnungslegung und Bewertung von Humankapital. Düsseldorf: Setzkasten GmbH.
- Sokolov, Y. V. (2004). Buhgalterskomu uchetu neobhodim moratoriy.
- Stein, D. (2010). Bilanzierung von Humankapital. Grundlagen und Möglichkeiten für die unternehmerische Praxis. Köln.
- Yadranskyi, D. М. (2011). Teoretychni problemy orhanizatsii obliku personalu.
- Iacocca, L. (1991). Karera menedzhera. Мoskow: Progress.
- Zhuravka, F. (2017). Problem aspects of transformation in financial reporting of business entities in Ukraine. Geopolitics Under Globalization, 1(1), 36-44.
-
Effect of work motivation and job satisfaction on employee performance: Mediating role of employee engagement
Setyo Riyanto
,
Endri Endri 
,
Novita Herlisha
doi: http://dx.doi.org/10.21511/ppm.19(3).2021.14
Problems and Perspectives in Management Volume 19, 2021 Issue #3 pp. 162-174 Views: 9360 Downloads: 7711 TO CITE АНОТАЦІЯTechnological developments are things that must be followed by companies to achieve a competitive advantage to improve performance. To achieve and improve performance, companies need active employee engagement by encouraging motivation and fulfilling their job satisfaction. This study aims to analyze the effect of motivation and job satisfaction on performance with employee engagement as a mediating variable. The research sample is Information Technology (IT) companies located in the cities of Jakarta and Bandung, Indonesia. Research respondents are system developers who handle system development activities for a project or part of an ongoing project. By using the convenience sampling technique 103 responses were obtained from IT developers. The research model analysis method uses Partial Least Square (PLS) with SMART PLS Ver 3.0 software. Empirical findings prove that motivation has a positive effect on the performance of IT employees, while job satisfaction is independent. Employee engagement does not directly affect employee performance, but the effect of mediation through motivation and job satisfaction can have a significant effect on employee performance. The research findings have managerial implications, in increasing high employee involvement, motivation needs to be encouraged to be more active and innovative, and facilitate the achievement of the desired results.
Acknowledgment
This study was made possible because of the full support of the Region III Education Service Institute (LL-DIKTI III), the Ministry of Education and Culture of the Republic of Indonesia, and the Research Center at Mercu Buana University, Jakarta. -
The role of accounting in sustainable development
Inna Makarenko ,
Alex Plastun
doi: http://dx.doi.org/10.21511/afc.01(2).2017.01
Accounting and Financial Control Volume 1, 2017 Issue #2 pp. 4-12 Views: 7667 Downloads: 4733 TO CITEIdeology of Sustainable Development and Sustainable Development Goals influence the transformation of business processes in the companies. Professional accountants are important part of this transformation. In this paper the role of accounting in Sustainable Development Goals achievement is discussed. Different approaches to structuring the role of professional accountants in Sustainable Development are investigated. Among them are types of roles that perform accountants, their professional functions, skills and competencies in the corporate environment. As the result a holistic vision of the role of accounting in sustainable development in the new economic conditions is provided.
-
Management of enterprise’s financial sustainability and improvement of its methods
Galyna Azarenkova ,
Olena Golovko ,
Kateryna Abrosimova
doi: http://dx.doi.org/10.21511/afc.02(1).2018.01
Accounting and Financial Control Volume 2, 2018-2019 Issue #1 pp. 1-14 Views: 5326 Downloads: 753 TO CITE АНОТАЦІЯThe article is dedicated to the solution of the relevant issue, concerning management of enterprise`s financial sustainability. Financial sustainability assessment is one of the most important principles of enterprise`s activity, which provides information about financial capabilities of the company at the time of its evaluation and for the future. It is a requirement for the enterprise activity, which provides a high level of competitiveness, efficiency and intensity. Thus, the restoration and strengthening of financial sustainability is a priority task for the enterprise, a basic precondition for its effective functioning. The purpose of the research is to analyze financial sustainability and to improve the methods and approaches of its evaluation. The following methods were used in this research: financial and economic analysis, economic and mathematical modeling, analysis and synthesis, comparison. The main results of the study are following: the theoretical and essential characteristics of enterprise financial sustainability has been determined; the financial status of PJSC “Turboatom” has been analyzed; the taxonomic index of financial sustainability has been calculated and the forecast of its significance has been made, the approaches to increase enterprise financial sustainability have been proposed.
