Human resource accounting toward human welfare

The debate on human resource accounting is still ongoing, in particular, the accounting treatment on the recognition of all human resource expenditures, whether recognized as an expense or an asset.As the company's driving force, humans have an important role but are recognized as an expense in the financial statements.The objective of this study was to develop an alternative model in human resource accounting.This study was structured to build a human resource accounting model by synthesizing the biological asset concept in recognition and measurement.It also used Homo religious analysis to clarify the nature and treatment of human resource accounting.The concept was compiled through the growth, production, degeneration, and procreation cycle.Additionally, the value was added by synthesizing homo religious as a model to complement the position of human resource accounting to cover the aporetic problems between humans, accounting, and God.The Research implications; first, human resource accounting is structured based and is expected to explain the position of human resources as a burden or an asset.Second, it is important to treat human resources by aligning the soul, nature, and God as a manifestation of added value.This aims to balance human resources and the company and be reported in financial statements narratively.This study referred to the post-secular religious currents to contribute to critical and interdisciplinary awareness in accounting.It aimed to complete human resource accounting development by tracing humans as homo religious.