Human Resource Accounting (HRA) is one of the recent developments of accounting with a lot of promising future. This work by Dr. D. Prabhakara Rao is a pioneering effort to design and implement HRA in the Indian context. HRA System consists of two Sub-systems, viz., Human Resource Investment Sub-System and Human Resource Value Sub-system. Appropriate input variables are recognized for each of the Sub-systems. The production efficiency has ...
