Human Capital Accounting: Global Theoritical Model

Human Capital (HC) is the sole intervening factor for a competitive hedge in all firms: merchandising, manufacturing, or servicing. However, need HC enhanced service firms because only they can act. All requisite tangible and intangible assets of are accounted as material investments their financial reports improved decisions by managers other stakeholders. contemporary organizations unable to account there no Generally Accepted Legal Framework (GALF). This even though accounting discipline has attracted attention most jurisdictions, although it was largely disregarded some parts world deliberations date back early sixties last century. Could exploration underpinning theories offer practitioners research insights?