About this document
Understanding PAS 41 in Agriculture by Miah Emmanuelle C. Calling is a document available to read on EtoBox.
PAS 41 outlines the accounting standards for biological assets, agricultural produce at harvest, and related government grants, while excluding land and bearer plants. It defines biological assets as living animals or plants and distinguishes between consumable and bearer biological assets. The standard requires measurement of these assets at fair value less costs to sell, with specific recognition criteria for agricultural activities.
- Author
- Miah Emmanuelle C. Calling
- Language
- EN