Accounting for Biological Assets

Name: Accounting for Biological Assets
Brand: Taylor & Francis

Taylor & Francis

Accounting for Biological AssetsAuthor(s): Rute Gonalves, Patrcia Lopes\nFormat: Paperback\nPublisher: Taylor & Francis Ltd, United Kingdom\nImprint: Routledge\nISBN-13: 9781032096223, 978-1032096223\nSynopsis\nThis book explores accounting for biological assets under IAS 41 Agriculture, and explains the recent adjustments introduced by the IASB which allow firms to choose between cost or revaluation models concerning mature bearer plants. \n\nIdentifying the firm and country-level drivers that inform the disclosure and measurement practices of biological assets, this concise guide examines the value relevance of measuring those assets at fair value. It also analyses how firm and country-level drivers explain the differences in the disclosure level and practices used to measure biological assets under IAS 41. Finally, it evaluates whether there is a difference in the relevance of biological assets among the listed firms with high and low disclosure levels on biological assets. \.