Human Resources Accounting Between Recognition and Measurement: An Empirical Study

The human resources considered as the most important resource in every entity, because it represents the resource that controls and directs the other resources, but the accounting still not recognized the human resources (HR) as asset in the statement of financial position, because the lack of measurement to these resources by using generally accepted concept, resulted in continuity of criticize the absence of HR assets from statement of financial position. In this research, the researcher discussed and investigated the possibility of including the human resources within the definition of asset, and also, the possibility of measuring the human resources, and as a result recognizing it, the researcher depends on what the International Financial Reporting Standards (IFRSs) include a topics related to employees benefits, particularly conceptual framework of financial reporting 2010, IAS 38: intangible assets, IAS 19:employees benefits, and IAS 26:accounting and reporting by retirement benefits plans , in addition , the researcher adopts a questionnaire distributed in the business sector to detect their opinions about the different issues relate to human resources. The researcher concludes the possibility of measuring the human resources and suggests a model for measurement, and consequently recognizing it in the statement of financial position, also, the continuance of studying the human resources in a systematic efforts sponsored by the widely spread of accounting standards setter, the International Accounting Standards Board (IASB), after providing it by a summary about the study.