Toward An Asset-Based View of Human Capital
A. J. Culpepper.
The cost of employees equates to roughly half of all organizations expenditures. Financial executives are increasingly seeing the value of employees as assets. Without having a method to quantify these assets, uncertainty of compensation and retention continue to cost organizations millions in turnover and replancement costs. Reclassification of employees is needed to change the paradigm of organizations decisions concerning employees value and their impact on the organization. Human Resource Accounting has been pushed to the forefront to provide a model to manage employee cost. However, to simply manage the cost, loses focus on the most important issue, which is the value of the employee. While most organizations accounting methods consider employees to be primarily costs with no future value, in this paper, I present a model of valuing employees as human assets.
Presenters
A. J. Culpepper
(United States)
Irvine Scholar of Accounting
Business Division
Pepperdine University
Business Division
Pepperdine University
Anthony Culpepper has over 16 years in domestic and international logistics. Previously the CFO and Vice President of an International / Domestic Logistics firm, he now teaches leadership and finance entrepreneurship to M.B.A candidates and management groups. As an instructor at Pepperdine University and the University of La Verne, Anthony teaches undergraduate taxation and accounting, as well as, MBA courses in Accounting and Entrepreneur Finance. Anthony holds a BS degree from Dominguez Hills University, a M.B.A. from Pepperdine University, a C.P.A. candidacy, an E.A. Certification. He is currently pursuing a Doctorate Degree in Organizational Leadership at Pepperdine. Anthony is also actively involved in the community as a Minister, for 16 years.
Keywords
- Human Resource Accounting
- Human Asset
- Human Capital
- Human Capital Asset Valuation Model
(Virtual Presentation,
English)