Human Resource Accounting Research

The 21st century is the era of knowledge-based economy, and the reflection of human capital and technology knowledge is the core of economic development. As economy is becoming the base of competition, from the natural resources to the intellectual resources of the talent, the competition of the volume and strength in science and technology dominated by high-tech knowledge is formed. The value of human resources in the knowledge-based economy has been fully embodied, human resources has become the first resources of the knowledge-based economy era. As Bururi, a noted economist, special said "The letter of the general manager to the shareholders, usually having such a platitude, 'Our entire staff is the most important and most valuable assets in our company. But as we turn the page letter, people will ask, as the company's most important and the most valuable human resources, why not reflected in the statements, do they increase or decrease on earth? "The human resources accounting is becoming the accounting mainstream in the knowledge-based economy era, by providing the investment changes in human resources, the size of the value of human resources and the utilization of human resources.In the traditional accounting, human resources cost is deducted from income as a one-time cost, which disobeys the matching principle, although the cost is compensated. So the financial statements provided by the Economic Information lack the information of human resources, and the financial decision-making will inevitably be deviation. Applying human assets to traditional accounting system will not only help investors to make decisions, also can help business managers to arouse the enthusiasm of employees, finally enhance their sustainable development. Just basing the things above, I start to research the human resources accounting. By analyzing research results of previous scholars to study human resources accounting, and combining the new development of the current accounting theory, I first summed up the essence of previous studies, and then deducted from the existing research of human resources, finally I formed this story.This paper mainly discussed the measurement of humane resources, integrated the advantages and disadvantages of historical cost, replacement cost, the future wages paid discount, the future earnings discount and so on, and also considered the new accounting standard on asset values about the future cash flow, finally applied the human resources accounting to the traditional accounting system.Through research, to apply human resources into traditional financial accounting system is practicable, and does not need so large cost, only recurring to enterprise's future cash flows, providing more real and integrate information.