Biological assets: In what way should be measured by SMEs?  

Oleh:

Bohušová, Hana ; Svoboda, Patrik

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: Procedia - Social and Behavioral Sciences vol. 220 (May 2016), page 1-8.
Topik: Biological assets; bearer plants; livestock; IFRS for SMEs; agricultural reporting.
Fulltext: Procedia v220 Page 62.pdf (192.64KB)

Isi artikel

The paper focuses on the possible ways of biological assets measurement in financial reporting of SMEs. The entity uses the fair value model for those biological assets for which fair value is readily determinable, and cost model is employed for all other biological assets. The substance of all kinds of biological assets differs significantly, especially bearer plants and living animals. The authors evaluated application over mentioned methods for representatives of both kinds of biological assets (apple orchard and dairy cows). According to the study, historical cost is suitable for bearer plants, the fair value measurement is suitable for living animals.

Opini Anda

Klik untuk menuliskan opini Anda tentang koleksi ini!

Kembali