Економічний вісник університету (Mar 2016)
Human capital assets as a specific intangible asset of the enterprise
Abstract
The subject of the research is the peculiarities of assessing human capital assets as a constituent of intangible assets which allows increasing market value of the business entity. The objective of the article is to provide practical guidelines regarding the assessment of human capital assets on the basis of the theory of intangible assets. Methodology of the paper. The paper is conducted with the use of analytical and system approaches to research. Results of the paper. The work dwells primarily upon studying the peculiarities of the human capital assets as a specific intangible capital, also considering the methods of assessment of human capital, calculating the indicators of ‘life cycle’ costing (of the project) (LCC) and the cost of delayed decisions (CoD) with regard to the alternative cost theory, substantiating the selection of the model of cost accounting for human resources depending on the scope of authority and managerial responsibilities, as well as particularities of selecting the model for human resources cost accounting according to the classification of responsibility centers. The sphere of application of the findings: conducting further scientific research in relation to human capital assets of business entities under crisis conditions. Conclusions. Due to the specific nature of its activity, the business entity is capable of independently forming its accounting and assessment model for human capital assets and, henceforth, use it as a basis for building up strategies of enterprise development in crisis conditions. The prospect of further research lies in the investigation of human capital assets cost accounting of the enterprise with regard to the employee and enterprise life cycles; development of theoretical and methodological principles of corporate social responsibility reports in terms of human capital assets; improvements in the methodology of assessment of the personnel value (specifically, residual value and disposal value), etc.
