Publications

Abstract This chapter explores the accounting perspective of human capital (HC) by applying its main principles of recognition, measurement, presentation, and disclosure. In general, HC is recognized as assets that are rights managed by entity and have the potential to make profits. However, some indicators don’t describe an asset and need to be derecognized as expenses based on other standards. There is no agreed-upon monetary model for applying human capital measurement, despite exploring its general models. Some HC indicators have an economic value, whereas most are evaluated based on quantitative or qualitative measures. Semi-structured interview and questionnaires are used to indicate the following; a survey study is performed with a model of thirty CFOs (Chief Financial Officers) from banks in Lebanon and 35 academic people from the Lebanese High schools. The survey’s result reveals that the real level of HC (Human Capital) demonstration and declaration in the Lebanese banks is rising and that the stakeholders accept the suggested plan for accounting of HC. This chapter will interest rule makers, managers, accounting bodies, and lawmakers to create appropriate reporting guidelines. Keywords: Human capital, recognition, measurement, presentation, and disclosure. ORCID : https://orcid.org/0000-0002-7690-4140