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What is 7 HR Accounting & HR Auditing about?

Human Resource Accounting (HRA) measures the cost and value of employees as organizational assets, aiding management in decision-making and manpower planning. HRA employs various methods, including cost-based and value-based approaches, to evaluate the economic contribution of human resources. Additionally, HR Auditing systematically assesses HR policies and practices for effectiveness and compliance, identifying areas for improvement and aligning HR strategy with business goals.

Author

patilvanshika66

Language

EN