Human Sources of Accounting in Australia Student’s Name

Course Professor’s Name Institution Location of Institution Date

Human Sources of Accounting in Australia 1.0 Research Project Summary This executive summary provides an overview of human sources of accounting in Australia. The research problem will focus on the challenges of human sources of accounting concerning human sources of accounting in organizations. A review of previous literary works will provide this study with a focus on human sources of accounting. The research aims, questions and hypotheses will help in conducting interviews and analyzing data for presentation. The theoretical framework will focus on theorists’ contributions to human resource accounting and human sources of accounting. The research methodology will provide directions on data collection and analysis. The research significance will provide how the research will solve the problem in human sources of accounting. The plan will ensure that all activities are done within the stipulated timeline. 2.0 Research Problem The study will address various challenges that face human sources of accounting in Australia. Human resources are essential in the management of financial flow and the integrity of organizations. The study will address the problem of measuring human sources of accounting and how it can help in maintaining the transparency of business operations. There are measures to monitor complex financial flows in organizations in Australia. Human resource management is critical in developing better ways of measuring, reporting and recognizing human sources of accounting in Australia. This study will provide empirical solutions to financial measurements and reporting through an inclusive approach of appreciating human sources of accounting. 3.0 Research Proposal 3.1 Literature Review Human sources of accounting are essential for growth and development of business organizations in Australia. Human sources of accounting are needed to incorporate all other non-human sources for the development of business operations. It helps in the promotion of accountability through measuring and reporting the financial performance of an organization. Financial accounting is often accounted for by monitoring an organization’s capital (Bullen & Eyler 2015, p.13). Human sources of accounting are essential because they coordinate all other resources in organizations and ensuring that organizational objectives are met. Human efforts in accounting for all other resources contribute to the majority of business operations to ensure business success. Workforce level directly translates to productivity in organizations because human resource accounting is the primary contributor to sources of accounting in business. Human sources of accounting are assets in organizations rather than an expense because the information is critical in running the daily operations of the organizations (Vidotto, Ferenhof, Selig and Bastos 2017, n.p.). Human capital development investment translates to positive production and promoting customer loyalty and trust. 3.2 Research Aims, Questions, and Hypothesis 3.2.1 Research Aims The study will aim at validating the significance of human sources of accounting in Australia. It will focus on the measurement and reporting of human resource accounting among organizations in the country to evaluate its impact. Some of the objectives or aims of the study are; • To determine the human sources of accounting in organizations. • To evaluate the significance of human sources of accounting in managing non-human resources. • To determine the measurement and reporting in human sources of accounting. 3.2.2 Study Questions The research study will answer the following questions; • What are human sources of accounting in organizations? • What is the significance of human resource accounting in managing non-human resources? • Which measurements and reporting are done in human sources of accounting? 3.2.3 Research Hypothesis The research hypothesis of this study will focus on addressing human sources of accounting in the context of managing other resources. Human resource accounting will be an additional area of exploration in various organizations in Australia. The research hypothesis of this study is; human sources of accounting are significant in the business success of organizations in Australia. 3.3 Theoretical Framework Human sources of accounting in organizations depend much on human resources management. Human resources refer to employees at various levels of production in an organization. Theorists of managing human resources explained the significance of efficient and efficient management in the delivery of accountability. According to Henri Fayol's theory, efficient production in an organization depends on efficient human resource management (Libby 2017, p.45). The success of business operations in organizations is directly dependent on the quality of human resources (Bhovi 2016, p.27). Human sources of accounting are essential in measuring and reporting data about business operations and applying impeccable business communication skills. Human assets and capital are significant to validate the significance of human sources of accounting in organizations. Human capital and human assets are often used interchangeably in human resource accounting to refer to the efforts of employees in organizations. Financial statements are essential human sources of accounting because they translate to distinct human efforts in business operations. Human sources of accounting involve availability of financial reports to the general public indicating performance index. The Adams’ Equity Theory in human resource accounting provides a framework for equity and motivation of employees in an organization (Ryan 2016, p.1590). Effective human sources of accounting can be achieved when employees work in a conducive environment with motivation. 3.4 Research Methods The study will use Survey Monkey, which will be conducted on the employees of some of the business organizations within Australia. An online survey will be considered in attribution to its descriptive, quantitative, and conclusive nature. The methods will be planned and structured for the information collected to be statistically inferred. The types of questions that will be asked in surveys will be open questions and theory-based. Open questions will be effective for the survey as they will be seeking the immediate knowledge possessed by the participants. 3.4.1 Sample Size The sample for the research will involve the managing directors of different organizations because they monitor human sources of accounting. 3.4.2 Target Population The study will be targeting around 300 executive and managing directors of organizations in Australia. The number will be significant in achieving the varied responses from different staff members concerning their views on human sources of accounting. 3.4.3 Data Analysis and Equipment The study will use mean, median, and mode as the key data analysis parameters to analyze the data. Moreover, the data collected will be taken through the coding process. After which the data will be analyzed. 3.5 Significance of Research The study will outline the importance of human resource accounting in the management of human sources of accounting. At the end of the study, the significance of accounting in planning and implementation of organization policies will be determined. It will give an impression of a significant role of human sources of accounting in the delivery of transparent financial statements. The study will apply the theoretical approaches of human sources of accounting to address various challenges that affect human resource accounting in Australia. 4.0 Research Project Plan  The research will take around three months for its completion.  It will take two weeks to seek ethical approval from relevant authorities.  Literature review and locating the business organizations will take four weeks.  One month involving the participants through the online Survey Monkey  Two weeks for data analysis and interpretation.

References Bhovi, B. 2016. A study of human resources accounting models and practices in the organisation. GE-International Journal of Management Research 4(9), 22-37. Bullen, M. L., & Eyler, K. 2015. Human resource accounting and international developments: implications for the measurement of human capital. Journal of International Business and Cultural Studies, 1, 1-16. Libby, R., 2017. Accounting and human information processing. In The Routledge Companion to Behavioural Accounting Research (pp. 42-54). Routledge. Ryan, J.C., 2016. Old knowledge for new impacts: Equity theory and workforce nationalization. Journal of Business Research, 69(5), pp.1587-1592. Vidotto, J.D.F., Ferenhof, H.A., Selig, P.M., and Bastos, R.C., 2017. A human capital measurement scale. Journal of Intellectual Capital.