Research On Measurement Of Human Assets In A Perspective Of Property Rights

In the era of knowledge economy,human assets are one of the most important assets in enterprise,but so far the measurement of human assets is still a problem in accounting.Although the indivisibility of human resources and their carrier causes the difficulty of human assets measurement,it isn't the biggest obstacle.This paper puts forward that one of the most important causes is that most existing researches mingle together the two concepts:human assets and human resources,which leads to the wrong selection of the subject and the object of human assets measurement.Accordingly,this paper firstly delimits the connotations of human assets—the use right,the power of appointment and the usufruct of human assets—from the angle of Property Rights Economics,and specifies the subject and object of them.Secondly,this paper analyzes the characteristics of human assets based on their connotations,and studies the value composition—use value and creation value—of human assets,in order to provide a theoretical basis for monetization form of them.Thirdly,according to the realistic conditions,this paper reasonably transforms the value of human assets into a form of monetization including one trail introduction cost,training cost and wage cost,which provides a realistic basis for the monetary measurement of human assets.Fourthly,based on the anterior analysis and realistic choice confirms two reasonable measurement attributes:historical cost and fair value,then reaches the aim of this paper by discussing the measurement of human assets in detail.The last part is the conclusion,and it points out the innovation and deficiency of this paper and gives a clue for further research.The innovations of this paper are the study on the value of human assets' composition and their monetization form and the measurement of human assets,while the imprecise hypothesizes of the division of the current profit is a deficiency of this paper.This paper adopts standard researching methods including comparative analysis,induction and deduction etc.Meanwhile,it also references Property Rights and Accounting theory, Property Rights Economics,contract economics political economics and so on.