Current Trends in the Development of Reporting in the Sphere of Investments in Human Capital

Maryna Resler; Jurij  Renkas; Ivan  Rusyn

doi:10.48161/qaj.v4n3a262

Authors

Maryna Resler Faculty of Economics, Management and Engineering, Mukachevo State University, 26 Uzhhorodska Str., Mukachevo 89600, Ukraine;
Jurij Renkas Department of Accounting, Faculty of Economics, Cracow University of Economics, 27 Rakowicka Str., Krakow 31-510, Poland;
Ivan Rusyn Faculty of Economics, Management and Engineering, Mukachevo State University, 26 Uzhhorodska Str., Mukachevo 89600, Ukraine;

DOI:

https://doi.org/10.48161/qaj.v4n3a262

Abstract

In the times of general digitalization, the issue of effective and reliable accounting of human resources is the most urgent for all enterprises, regardless of the form of ownership. In addition to investors who seek to understand the nature of the formation of added value, objective information about the contribution to the development of the common cause is also important for the employees themselves. The purpose of this work is to develop the company’s financial reporting methodology in the context of evaluating the human and intellectual capital of the company’s employees. By developing a separate calculation methodology based on traditional reports on added value, it is proposed to create one’s own alternative human capital accounting system. In the process of work, a system of updated reporting on the level of payment of human capital of employees was developed, taking into account current needs and the possibility of ranking employees by category. Also, a visual algorithm of the process of forming an updated reporting form from primary documents to the corresponding result was created separately. In addition, in the work, the human capital index (HCI) for Poland was studied using the method of comparative analysis, which was compared with similar average indicators of Eurasian countries and the group of developed countries with a high level of income. The practical significance of the work lies in the creation of a practical working document, thanks to which companies will be able to form transparent reports in the context of the use of human capital, which will help, on the one hand, better understand the principles of profit formation for investors and business owners, and on the other hand, remove possible misunderstandings regarding the principles of accrual workers a fair wage.

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