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Human Resource Cost Accounting Systems

Human Resource Cost Accounting Systems

Providing the necessary knowledge and gaining the necessary expertise to deal with the costs of the human element, starting from planning needs, passing through the costs of providing the necessary labor, planning its career path and training, measuring its productivity and evaluating performance, including systems for accounting for time and workers’ salaries, preparing wage summaries, and building a reward and reward structure for workers.

Training Target

All employees in human resources departments of different specializations, and the activities of this program are concerned with cost accountants, especially those responsible for measuring, charging and controlling the cost of labor.

Human Resource Cost Accounting Systems

Training Details

Work component and the importance of human resource management.

Labor costs and their position in the activity cost structure.

- Estimating the needs of human resources, and the skills of preparing the planning budget for labor and its cost.

- Evaluating the performance of employees, and the financial repercussions of stimulating activities.

Determining employee benefits and payable wages after deducting deductions:

Accounting for cash wages.

Accounting for benefits in kind.

Accounting for social and health insurances.

Determining the comprehensive wage rate, and its calculation problems.

- Analyzing wages, and charging activities with human resource costs.

- Designing and developing incentive systems and financial aspects for sharing the output of employees’ competency:

- The (Rowan) method.

Halsey method.

- Evaluate the performance of employees, and use the balanced scorecard modelsBalanced Score Card in the development of the incentive system.

- Bilateral, tripartite and quadruple analysis of labor cost deviations from budget decisions, and use the results of the analysis in accounting for responsibilities and building a budget for the next period.

Learning curves and the relationship of training costs with human capital formation activities.

Cases for presentation and discussion.

Training Enrollment

Code Venue Start End Price Enroll Now
acc41 3000 $
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Description

Providing the necessary knowledge and gaining the necessary expertise to deal with the costs of the human element, starting from planning needs, passing through the costs of providing the necessary labor, planning its career path and training, measuring its productivity and evaluating performance, including systems for accounting for time and workers’ salaries, preparing wage summaries, and building a reward and reward structure for workers.