Abstract
Human resource accounting has been described as an emerging area of research focus on the recent times. The values attached to human resource at workplace and the corresponding effects on financial performance require empirical investigation. The study therefore investigated the influence of human resource accounting on financial performance of the selected listed consumer-goods firms in South -West, Nigeria. The descriptive ex-post facto research design was adopted for the study. The study collected data using the secondary source of information. The Structural Equation Modeling and Regression Analysis were used for data collection at 0.05 alpha level.
The findings revealed that human resource accounting contribution to financial performance was not statistically significant. Meanwhile, cost of compensation has significantly contributed to financial performance of the selected listed consumer-goods firms. The study concluded that human resource accounting metrics are essential factors in the consideration of financial performance. The study recommended that organizations should invest heavily on recruitment, employees training and development to foster improved financial performance.