Study On Financial Statement From The Perspective Of Human Resources

With the development of current market economy, the human society graduallyenters into an era of knowledge economy. In the era of knowledge economy, humanresources, especially high-tech talents, are more and more important in the enterprises.They play a vital role in the development of enterprises, even larger than the role ofmaterial resources. People are increasingly aware of the importance of humanresources and do extensive researches on this area. Besides, as the most importantvectors used by modern society to know the enterprises, financial statements shoulddisclose corporate information of human resources in a comprehensive and fair way.The disclosure of human resource information in the financial statement will improvethe current financial reporting mode, which would satisfy the demand of stakeholdersfor corporate accounting information. At the same time, this paper also contributes tothe industry world and research literature in investigating how the disclosure ofhuman resource information both satisfies the demand of users and meets therequirements of economic laws while the economic and legal environments arechanging in China.Using "Trade Union Law"(the third revision) as the starting point and based onthe premise that human resource should be disclosed thoroughly, this study designs ahuman resource reporting system and conceptual logic framework according to realneed, which is business-oriented, participated and monitored by the government,investors, shareholders and other stakeholders.From the demand of outside investors and the development of economic law, thepaper first interprets the problem that human resource information cannot be reflectedadequately in current financial mode. This sets the stage for the improvement offinancial statement and the proposed human resource report. Second, the paperrecognizes human resources as human assets in current financial statement system andfocuses on financial statement from the perspective of human resources based on thedefinition. Based on the above, the study also builds human resource reporting system,which employs qualitative and quantitative methods to select measures and discloseshuman resource information of the enterprise in a comprehensive and honest way. This is significantly important for stakeholders to make economic decisions.