Human resources are the most important assets of any organization which keep all other assets operatives. Human Assets Accounting (HAA) helps to measure the value of employees which helps management take the vital decisions related to human resources in order to increase productivity. Like other assets, valuation of Human Assets is not easy. A number of complexities arise in its valuation from different aspects. One shortcoming is availability of good valuation model. This paper tries to suggest a valuation model. For this, all the available models are evaluated and a new model prescribed including its application in the book of accounts. It examines and gives an overview of the HAA models and provides requisite to develop a new model of valuing human assets. The model considers all recruiting, and training costs along with present value of future benefits awarded to the employees. Accounting application of this model is also prescribed at the end of discussion. Finally, some recommendations are suggested to implement the Human Assets Accounting in organizations’ financial reporting. Human Assets valuation plays the role of motivational tools, efficiency measure stick, cost clarification related to human resource of the company.