12-04-2004, 10:28 PM
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Therefore in my opinion, the human is the asset for the business due to his skills which he possess.
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i agree with this point. in fact, i ve tried to raise this point in my reply earlier. but i think it was not ellaborate enough. my point is tht human beings/ employees/ (HR) generate revenues for the company by their skills. they shud b treated as intangible assets. they r not just like other assets or like equipment or machines. these all r dumb. but human assets r intelligent assets.
one more thing tht i ve noticed is tht most of the ppl, even the most senior members, r taking this issue just in perspective of accounting. ie, the accounting treatments, the financial stmt. representations etc etc. i believe tht there is a lot more to businesses thn just accounting. it takes lot more to become successful business leader.
so i invite all the members, specially the experienced mmbr to whom v all look for suggestions, to view this issuse from other dimensions as well. i beleive tht, whatever way the accounting principles treat the human beings, human assets r infact one of the most important FACTOR for any company. now, call this FACTOR as an asset, or whtever name, but the underlying truth shall remain unchanged.
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FARHAN
live, n let live ...
Therefore in my opinion, the human is the asset for the business due to his skills which he possess.
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i agree with this point. in fact, i ve tried to raise this point in my reply earlier. but i think it was not ellaborate enough. my point is tht human beings/ employees/ (HR) generate revenues for the company by their skills. they shud b treated as intangible assets. they r not just like other assets or like equipment or machines. these all r dumb. but human assets r intelligent assets.
one more thing tht i ve noticed is tht most of the ppl, even the most senior members, r taking this issue just in perspective of accounting. ie, the accounting treatments, the financial stmt. representations etc etc. i believe tht there is a lot more to businesses thn just accounting. it takes lot more to become successful business leader.
so i invite all the members, specially the experienced mmbr to whom v all look for suggestions, to view this issuse from other dimensions as well. i beleive tht, whatever way the accounting principles treat the human beings, human assets r infact one of the most important FACTOR for any company. now, call this FACTOR as an asset, or whtever name, but the underlying truth shall remain unchanged.
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FARHAN
live, n let live ...
