Abstract
HRA has been defined by American Accounting Association's committee –"HRA isthe process of identifying & measuring data about human resources & communicating thisinformation to interested parties". Stephen knauf defined HRA as "The measurement &quantification of human organizational inputs such as recruiting, training, experience &commitment." According to Eric. G flamholtz HRA represents-"Accounting for people as anorganizational resource. It is the measurement of the cost & value of people for theorganization". Hence, it can be said that, it is the process of developing financial assessmentfor people within organization & society & monitoring of these assessment through time, itdeals with. Although HR valuation has important implication for external financial reporting, in the contemporary economic scenario valuing HR has been greater significance for internalHRM decision