JMGT_V3_N3_A3 HR Accounting - A Mammoth Myth? V. Gopakumar P.T. Raveendran Journal on Management 2230 – 715X 3 3 18 24 Human Resource Accounting (HRA), Organizational culture In knowledge driven economies, it is imperative that human beings be recognized as an integral part of the total worth of an organization. In order to estimate and project the worth of the human capital, Human Resource Accounting (HRM) which denotes the process of quantification and measurement of the Human Resource Capital in an organisation is employed. December 2008 - February 2009 Copyright © 2009 i-manager publications. All rights reserved. i-manager Publications http://www.imanagerpublications.com/Article.aspx?ArticleId=238