HUMAN RESOURCE ACCOUNTING PRACTICES IN INFOSYS TECHNOLOGIES LTD . - AN EVALUATION

H.K. Singh; Vivek Singh

H.K. Singh Professor, Faculty of Commerce, Banaras Hindu University, Varanasi, Uttar Pradesh.
Vivek Singh Research Scholar, Faculty of Commerce, Banaras Hindu University, Varanasi, Uttar Pradesh.

Keywords: HUMAN RESOURCE ACCOUNTING, TECHNOLOGY, INFOSYS

Abstract

In the era of knowledge and technology, only those organisations can survive and succeed which have adequate information about the cost, value and performance of their human resources. These information are the basis of effective management of human elements in any organisation. With a view to provide significant information about effective human resource management, a new and specialized branch of accounting has been deliberately developed by the scholars popularity known as human resource accounting (HRA) HRA is an accounting technology of identifying, measuring, classifying, summarising and reporting the data about human resources to the stakeholders for effective decision-making regarding the human resources of an organisation. An attempt has been made in this paper to evaluate the HRA practices of Infosys technology limited (ITL) as well as its usefulness in HR decision. Some useful suggestions have also been provided to improve the HRA practices of ITL, which will ultimately contribute to ensure the bright future of HRA in India.