International Journal of Advanced Research in Management and Social Sciences ISSN: 2278-6236 Vol. 1 | No. 3 | September 2012 www.garph.co.uk IJARMSS | 209 HUMAN RESOURCE ACCOUNTING FOR ACADEMICS Madhu Arora* Abstract: Human resource accounting provides measurable information about the value of human assets, which helps the top management to take decisions regarding the adequacy of human resources. Education is one of the most crucial activities in any nation. It differs from other services in that it involves large capital outlays and technical expertise, both human and material and there are long gestation periods in reaping the fruits of education. The basic raw material in any education process is man (students) and the finished product is also man (staff).present study is based on primary data collected from different experts in accounting and found that Human resource accounting provides quantitative information about the value of human asset, which helps the management to take decisions regarding the adequacy of human resources. Hence, It is Concluded that, the Human Resources are an indispensable but often neglected element is thus to be fore grounded into the educational area for the betterment of the society. Society has high expectations from educational institutions, which cannot be met without the development of efficiency and behavioral patterns of those working in these institutions. Keywords: Human resource, Accounting, Academics *Sr. Assistant Professor, FAIRFIELD Institute of Management and Technology,Delhi