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{"id":21322,"date":"2026-02-02T14:46:32","date_gmt":"2026-02-02T12:46:32","guid":{"rendered":"https:\/\/modecon.mnau.edu.ua\/?p=21322"},"modified":"2026-02-02T14:46:32","modified_gmt":"2026-02-02T12:46:32","slug":"human-resources-accounting-methodology-modern","status":"publish","type":"post","link":"https:\/\/modecon.mnau.edu.ua\/en\/human-resources-accounting-methodology-modern\/","title":{"rendered":"Andreitseva \u0406. Human Resources Accounting Methodology: Modern Approaches and Development Prospects"},"content":{"rendered":"

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JEL Classification:<\/strong> L10; L81.<\/span><\/i><\/td>\nDOI<\/b>: https:\/\/doi.org\/10.31521\/modecon.V54(2025)-02<\/a><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

[\/vc_column_text][vc_column_text]Andreitseva \u0406ryna, <\/b>PhD in Economics, Associate Professor of the Department of Management, Kamianets-Podilskyi Ivan Ohiienko National University, Kamianets-Podilskyi, Ukraine<\/span><\/p>\n

ORCID:<\/strong> 0000-0003-0337-4107<\/span><\/a>
\ne-mail: <\/strong>irunaandreytseva@gmail.com<\/span><\/a><\/p>\n

 <\/p>\n

Human Resources Accounting Methodology: Modern Approaches and Development Prospects<\/b><\/p>\n

Abstract. Introduction<\/i><\/b>.\u00a0<\/span><\/i>Traditional accounting systems often fail to reflect the value of human resources in financial reporting. This can result in significant discrepancies between market and book values, particularly in knowledge-intensive sectors where the Tobin ratio may exceed 5\u20137. Without a standardised method of accounting for human resources, management decision-making becomes more challenging. It also restricts the potential for strategic personnel management during the digital transformation of the economy.<\/span><\/i><\/p>\n

Purpose<\/i><\/b>. The study aims to develop a comprehensive methodology for accounting for human resources that ensures adequate reflection of the value of human capital in management and financial accounting systems in accordance with international accounting standards.<\/span><\/i><\/p>\n

Results<\/i><\/b>. The study resolves the issue of recognising human resources as assets by shifting the focus from ownership of employees to control over access to staff competencies. Three categories of asset are identified: capitalised investments in personnel, organisational human capital and relationship capital. The methodology offers differentiated valuation approaches, including cost-based methods (historical cost and replacement cost), income methods (Lev and Schwartz’s discounted future earnings model and economic value added of human capital) and combined methods (Flamholz’s stochastic contingent value model and expert assessment of intellectual capital). A specialised documentation system has been developed comprising primary forms. Analytical accounting is organised by personnel categories and departments, with the introduction of subaccounts 128, 129 and 136. The capitalisation criteria, based on IFRS principles, include identifiability, control, measurability, a probability that the benefits will exceed 75% and a materiality threshold of 5% of the average annual salary. Amortisation periods range from two to seven years, depending on the investment category. The three-level reporting system encompasses internal management reporting, additional financial disclosures in IFRS notes and integrated reporting. All of these are structured within the framework of the International Integrated Reporting Council. The implementation algorithm includes preparatory, implementation, and stabilisation stages. It integrates human resource accounting into existing personnel management and accounting information systems.<\/span><\/i><\/p>\n

Conclusions<\/i><\/b>. We propose a three-stage reporting system for human resources and a step-by-step algorithm for implementing the methodology. This approach is significant because it develops tools that enhance the transparency of financial reporting and improve strategic human capital management for domestic enterprises in the context of European integration.<\/span><\/i><\/p>\n

Keywords<\/b>: human resources; accounting methods; valuation methods; subaccounts; integrated reporting.<\/span><\/i><\/p>\n

References<\/b>:<\/strong><\/p>\n

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[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]Received: <\/strong>12 December 2025<\/span><\/p>\n

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Andreitseva \u0406. (2025). Human Resources Accounting Methodology: Modern Approaches and Development Prospects. Modern Economics, 54(2025), 17-21. DOI: https:\/\/doi.org\/10.31521\/modecon.V54(2025)-02.<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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[vc_row][vc_column][vc_column_text] JEL Classification: L10; L81. DOI: https:\/\/doi.org\/10.31521\/modecon.V54(2025)-02 [\/vc_column_text][vc_column_text]Andreitseva \u0406ryna, PhD in Economics, Associate Professor of the Department of Management, Kamianets-Podilskyi Ivan Ohiienko National University, Kamianets-Podilskyi, Ukraine ORCID: 0000-0003-0337-4107 e-mail: irunaandreytseva@gmail.com   Human Resources Accounting Methodology: Modern Approaches and Development Prospects Abstract. Introduction.\u00a0Traditional accounting systems often fail to reflect the value of human resources in financial
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