December 2017

December 2017


Akhter Jahan; Bablu Kumar Dhar, Mohammad Raton Sikder

Human resource is the combination of individuals who make up the overall workforce of an institution, organization or economy. The financial sustainability of developing nations is truly depends on the accurate valuation of this vital resource. The main objectives of the study are (i) evaluate the method of presenting HRA information in the annual financial statements (ii) determine HRA methods and models, mainly the substantial use of Lev & Schwartz model, and (iii) unearth the relation with the other accounting variables for the purpose of human financial reporting. Both Primary and secondary date have been used in the present study. Secondary data have been collected through perusal of existing literature viz. research works, relevant articles, annual reports and web sites. Primary data have been collected through questionnaire method. Relevant data have been collected from 6 reputed organizations of Bangladesh. This study has demonstrated the vast use of Lev & Schwartz Model of HRA, in spite of other criticized models, from different sides regarding its applicability. The study also depicts the applicability in wide variety of organization of such model especially in some public and private sectors. The paper recommends that HRA should be absorbed by the government and policy maker along with other professional & accounting bodies at national and international levels for the valuation and reporting standards of valuable asset, Human.
FULL TEXT PDF 1-4 ] DOI: 10.30566/ijo-bs/2017.1


Alzaroog Saleh Abdulali Emhmed

Project management is carried out formally and informally in different areas of human endeavor. Examples of this are a trip, the construction of a house, a research project, the construction and assembly of a substation, the construction and assembly of a hydroelectric power station, etc. In electric power service companies, there are numerous projects; however, their management faces numerous problems derived from various factors that affect their success or failure. This incident can have serious consequences related to its cost, completion time and performance. One of the leading causes is not recognizing that most companies’ organizational structure is not prepared to achieve efficient project management. Carrying out project management more consciously and formally through the implementation of widely accepted practices will allow companies to achieve better results. This work aims to present the conceptual framework of project management, describe the problems and opportunities for improvement faced by project management in electric power service companies, and identify some actions that can be carried out to improve performance in this vital activity.
FULL TEXT PDF 1-7 ] DOI: 10.30566/ijo-bs/2017