46 KADUNA JOURNAL OF POSTGRADUATE RESEARCHVol 3. No: 1. June, 2020, pp 46 - 57 Haruna Daddau 1 , Safiyya Abubakar Yahya 2 , Hauwa Sanusi Junaidu 3 , Ismail Lawal 4 and Shehu Abubakar 5 1,3,5 Department of Accounting, Kaduna State University, Kaduna 1 e-mail addresses: harunadaddau@gmail.com 2,4 Department of Procurement and Supply Chain management, Kaduna State University, Kaduna HUMAN RESOURCES ACCOUNTING AND THEORIES Abstract Theory of human resource remains a source of concern to regulators, financial statement users, analyst and other concern individual. Hence, determining relevant theories of human resource by an entity still remains hectic as there are several theories that try to suggest an objective, reliable and fair treatment of human resources as either expenses or assets. Therefore, current study aims to review conceptually the various theories of human resources. The study is conceptual in nature, where several human resources theories were reviewed. It has been concluded that several theories have been used to underpin studies of human resource nature. The study recommends that more attention should be given to study of this nature by researches and practitioners in order to ascertain how to properly capture human resource related costs in the financial statement. Keywords: Human Recourses; Accounting; Theories Introduction Over the past decade, interests in accounting for humans as resources of organizations have grown. This interest has led to the well-known multidisciplinary field of research known as human resource accounting (Flamholz, 1972). The basic capital of a society is an expert and skilled in the labor force, especially in the present age. Currently, emergence of strong contest in markets and institutions has made human resources the vital and effective factor that leads to competitive advantage, enterprise success and superiority over competitors. To ensure good strategy, more success, and increase the effectiveness of decisions, investors and managers need to get useful data on the actual worth of human capital resources in their entity. With regard to utmost importance in assessing and measuring labor force, considerable research has been carried out in human resources accounting for building concepts and ways of accounting for human as resources. Human resource accounting involves developing the ways and theories to calculating the cost and worth of humans in firms. The main purposes of human resources accounting include (1) Coming up with assumption of the reasons and factors that decide people's worth in recognized institutions (2) identify acceptable and reliable ways of calculating the worth as well as cost of human in organizations. These purposes have been widely discussed in recent years (Brummet, Flamholtz, & Pyle, 1968, 1969; Likert, 1961, 1967; Hermanson, 1964; Hekimian & Jones, 1967; Flamholtz, 1969, 1971; Lev & Schwartz, 1971). Business has