- Tytuł:
- Biological assets: impact of measurement on financial position and performance of SMEs
- Autorzy:
-
Bohušová, Hana
Svoboda, Patrik - Powiązania:
- https://bibliotekanauki.pl/articles/499419.pdf
- Data publikacji:
- 2018
- Wydawca:
- Wyższa Szkoła Biznesu w Dąbrowie Górniczej
- Tematy:
-
Biological assets
Bearer plants
Livestock
IFRS for SMEs
Agricultural reporting - Opis:
- The paper focuses on the possible ways of biological assets measurement in financial reporting of SMEs. According to IFRS for SMEs, the entity uses the fair value model for biological assets with readily determinable fair values, and the cost model for all other biological assets. The nature of all kinds of biological assets differs significantly, especially that of bearer plants and living animals. The authors evaluated the application of the above-mentioned methods to the representatives of both kinds of biological assets (an apple orchard and dairy cows). According to the study the way of biological assets measurement affects the financial position and performance of SMEs in volved in the agricultural sector. The cost model is a more suitable way of measurement for bearer plants reporting, while the fair value measurement is more suitable for living animals in respect to fundamental principles of financial reporting.
- Źródło:
-
Forum Scientiae Oeconomia; 2018, Volume 6 (2018) Issue No. 1: Competitiveness of the modern organization: human, ethical and innovative aspects; 19-32
2300-5947 - Pojawia się w:
- Forum Scientiae Oeconomia
- Dostawca treści:
- Biblioteka Nauki
Artykuł