The Human Resources Role

Read Complete Research Material

THE HUMAN RESOURCES ROLE

The Human Resources Role in Budgeting and Auditing Processes

Abstract

Human Resource Department plays and active and functional role in all organizations including public. In the public sector, their responsibly increases socially as well as they are not part of business company. Apart from regular functions, e.g. recruitment, training, and pensions, etc. the Human Resources department duties encompass performance-related bonus scheme development, the internal information flow and employees' motivation. The budget procedure motivates when related to performance evaluation and the organization's reward systems. Budgeting becomes a basic form of control within the organization, as management is able to compare the actual results with the expected values. Thus, the degree of the Human Resource department's involvement in the budget preparation and implementation phases could increase the utility of the above-mentioned budgeting characteristics. The problem in public budgeting is the resourcefull allocation of the limited resources to cater the constantly cahnging needs. Human Resource plays an important role in resloving this problem. Human Resource managers that have to navigate these problems on their own. Human Resource Managers know when there is a gap in the skills required and how much funding is required for the allocation. Human Resource Management interface from a Human Resource perspective evidencing that both management accountants and HR managers are becoming aware of the justifiability of Human Resource Management initiatives on financial aspects. Human Resource, however, remarkably less, but plays a role in the budgeting and auditing process. The Human Resource manager uses the budgeting process for measurement, target achievement, communication and increasing motivation of employees. The audit process is used to control and monitor the performance of the employees.

Table of Contents

Introduction3

Problem Statement4

Objective5

Research Question5

Methodology6

Research Design6

Data Collection Method6

Budget/Audit Process7

HR Role in Budgeting9

Motivation through budgetary goal level of difficulty9

Communication10

Performance10

Budgetary goal clarity level11

HR Role in Auditing11

Control11

Literature Review12

Conclusion15

References17

The Human Resources Role in Budgeting and Auditing Processes

Introduction

In the public sector administration, the human resources management is generally associated with the simple management of staff assigned to personnel whose mission is to manage the staff employed within the organization for quantitative, and administrative reasons. In a more comprehensive strategic approach, human resource management means all resources used in an organization to ensure that it breaks even in terms of its resources and staffing requirements, both quantitatively and qualitatively. Linking these two issues comes later in the management of different areas relating to human resource management: workforce management, which allows the, balance between the needs and staffing (recruitment plan, end of career plan), staff career management among others starting with continuing education, mobility, administration involving reception and integration procedures, salary management etc. The human resources policy will be adapted to the strategy and missions of the organization; these define its objectives and the means to achieve them.

The human resource management is divided into two broad categories of activities, Personnel Administration and the development of human resources (Klingner et al, 2010). Human Resource Development is one of the main pivots of any reform of in Public Administration, and involves designing and use of integrated systems, ...
Related Ads