It has been increasingly argued in accounting and managerial literature the
organization s failure to account for its human resource can have several a'
consequences on the overall organizational effectiveness. In this wise the research
discussed efforts done in this field by researchers and proposed a model known as I{
identifying and reporting investments made in human resources of an organization
are not presently accounted for under conventional accounting practice. This IQR 1
is a three step model which classifies employees into separate Para-homogenous g
and determines economic value of the various groups identified and gives the variable
determined accounting treatment in the organizations books of account. On applyi1
IQR Model in this study, it was found that, total present value of employees (Junior, Senior) increases from year to year because they acquire skill and knowledge ove1
while on or off-the-job unlike physical assets. Some recommendations were made l
on the conclusion reached Prominent among these recommendations is that, research.
should consider additional measurement techniques and indices in ascertaining the of human capital; given that employees ' value is a function of productivity
