HUMAN RESOURCE ACCOUNTING DISCLOSURE: AN EVIDENCE FROM INDONESIAN MANUFACTURING INDUSTRY

During Covid-19 pandemic, there is a downward of revenue among several businesses in Indonesia. It happens in manufacturing industry as well. Since revenue and profit often referred as growth indicators, therefore not many company concerns about Human Resource (HR). Meanwhile based on Human Resource Accounting (HRA) concept there is an impact of well-maintained HR against financial accounting statement. This research was held to describe the compliance of the HRA index in Indonesia manufacturing companies. The samples were using financial statement of 60 manufacturing companies for the year ended December 31, 2022. This research discussed the most disclosed indicator of 16 indexes and the least one. Therefore there would be no difficulties to prepare implicative feedbacks for HRA compliance in the industry. The most disclosed indicator is “Human Resource Policy” and the other way around, “Separated HRA Statement” become the least disclosed indicator. It was indicated, to prepare “Separated HRA Statement” is more difficult and complicated since it involves the overall company structures commitment and authorities. On the other hand, “Human Resource Policy” is easy to disclose since if there is no public notification about the basic HR Policy, the HR operation management would be a difficult task to be done.