Human resources accounting, an organization challenge in capital sources

Human resources, either as the most part of invisible asset or as capital sources, have increasing importance. In the 21st century, intellectual capitals are as important as other capital, if not less than them, because this is humans that determine value of an organization and create competitive advantages. Human resources accounting is a new phenomenon in Iran that has no place near companies yet and no place in the balance sheets. Human resources accounting tries to show the real value of personnel in the most important and the most valuable asset of an organization in the form of capital sources. This paper tries to illustrate this importance and change the view to human resources from cost to asset.