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THE IMPACT OF HUMAN RESOURCE ACCOUNTING ON THE PROFITABILITY OF A FIRM

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ABSTRACT
The crux of the study was to examine the impact of human resource accounting on the profitability of Access Bank of Nigeria Plc, from 2003 to 2012. Using the ordinary least square analytical technique, secondary data from Access Bank of Nigeria Plc were obtained. Findings revealed that there is a positive relationship between the indicators of human resource cost (training cost, development cost and number of staff) and the profit of the organization (Access Bank Plc). It was also discovered that there was a significant relationship between training cost, development cost and the profit of the bank. However, the number of staff does not have a significant effect on profit of the bank. Nonetheless, organizational performance is dependent upon the performance of the individuals that make up the organization. That is, organization does not exist in a vacuum; there are people (employees) who may work together towards achieving its goal. It was therefore recommended inter alia that; organization should enhance the retention of education and training on staff so as to avert wastage of knowledgeable investment. Also, accounting standard board should incorporate their accounting standard for the valuation and disclosure of human resource accounting.
TABLE OF CONTENT
TITLE PAGE 
ABSTRACT 
CHAPTER ONE 
INTRODUCTION
CHAPTER TWO 
2.0 LITERATURE REVIEW AND THEORETICAL FRAMEWORK 
2.1 Theoretical framework 
2.2 Transaction cost theory 
2.3 Resource-based theory 
2.4 Human capital theory 
2.5 Role behaviour theory 
2.6 General system theory 
2.7 Nature of human resources 
2.8 The concept of human resource accounting  
2.9 Methods of accounting for human asset 
2.10 Challenges of human capital and performance 
2.11 Concept of profitability 
2.12 Human asset treatment and corporate profitability 
CHAPTER THREE 
RESEARCH METHODOLOGY 
CHAPTER FOUR 
ANALYSIS OF RESULT AND FINDINGS 
CHAPTER FIVE 
Summary of findings, conclusion and recommendations 
REFERENCES 
APPENDIX
LIST OF FIGURE
FIGURE 1:   Methods Of Human Asset Accounting
LIST OF TABLES
TABLE 4.1.1:  Selected variables of human resources cost with the profit of Access Bank PLC
TABLE 4.1.2:  Regression result on retained profit, staff training cost, staff development cost and number of staff employed for the period.

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