The aim of this study is to look closely at the Human Resource Accounting (HRA) practices and factors influencing disclosure in India in public and private sector firms. The study was done using the data from a couple of selected companies and it was found that the size of the company and its financial condition greatly determine the HRA disclosures with private sector companies being better at it than the public sector companies. In view of this, the findings are evidence that better transparency is a necessity in the field of human resources reporting, particularly in the governmental sector, if one wants, thus, to harmonize with worldwide standards, and at the same time, to handle human capital in a better way.