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"Topic:. With the rise of the ‘knowledge economy’, the traditional valuation of an enterprise as consisting solely of measurable assets, such as buildings, equipment and inventory, is increasingly being questioned. Human capital, although widely recognised as an important component of an enterprise’s total value, does not appear on a statement of financial position (balance sheet). Discuss whether or not you believe human capital should be assessed and reported in the financial statements. Identify how you are defining human capital. What difficulties might be encountered in attempting to quantify and record this (these) asset(s)? If recorded, would such values remain constant or be subject to change?******************************************************************************Remember to cite and reference examples from the readings and journal articles for this week. Document expected to be in the region of 750 - 1000 words and will demonstrate• understanding of the literature related to the subject matter• the ability to critique established theories• the ability to relate the theory and / or theoretical models to practice (likely to be your own experience).• Strictly no plagiarism Document Format:Introduction:Sub headings:Conclusion:Ensure to use citiations.PLEASE NOTE : NO plagiarism."
