Financial Accouting- People Are Assets?

After learning about the financial accounting equation and liquidity in class the concept I found most intriguing was when we were discussing assets and whether or not a person could be classified as an asset.

Personally, having taken accounting before I never classified a person as an asset because you can’t sell off a person or liquidate them. I only ever considered people or employees from a financial perspective but after the discussion in that class I realize that from other areas in the realm of business people could be considered assets.

I did not think about the concept from a marketing perspective or a company’s success based on a particular person working for them.  Now after having discussed it in class I think that people are large assets to companies but their contribution just can’t be added to a business sheet with the value of a number.