Question

One of the advantages of Accounting Rate of Return (ARR) is that it links with other accounting measures. How does it 'link' with other accounting measures?

Answer 1

Approaches to human resource accounting H.R.A were first developed in 1691. The next approach was developed from 1691-1960, and the third phase was post-1960.[1]
There are two approaches to HRA. Under the cost approach, also called the "human resource cost accounting method" or model, there is an acquisition cost model and a replacement cost model. Under the value approach, there is a present value of future earnings method, a discounted future wage model, and a competitive bidding model under.
Considering the plus and minus of various models, Chennai based, CA Lakshminarayanan Ramanujam, has worked out a simple to use and easy to adopt, unique model titled GiveGET, for the Human Resource Valuation and Accounting, while acCounting for PEACE.