Question

difference between human resource accounting and other accounting​

Answer 1

Answer:

Human resource Accounting (HRA) involves accounting for expenditure related to human asset in an organization as opposed to traditional accounting which merely expenses these costs and reduces profit which to our mind suboptimise financial reporting.

Answer 2

We are asked to give the difference between human resource accounting and other accounting

• Human resource accounting deals with the process of identifying and reporting investments made in the human resource department
• Other accounting deals with the process of identifying and reporting investments made in all the departments
• Human resource accounting is not part of conventional accounting practice.
• Other accounting is part of conventional accounting practice
• Human resource planning is an extension of standard accounting principle
• Standard accounting principles include the other accounting.