Global Standards for the world economy

Friday 09 December 2016

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Agriculture: Bearer Plants

Agriculture: Bearer Plants


 Limited-scope improvement to IAS 41

Agriculture: Bearer Plants

IAS 41 Agriculture provides guidance on the accounting for agricultural activity. From initial recognition up to the point of harvest, it requires the measurement of biological assets at fair value less costs to sell.

Project stages

Exposure Draft published June 2013
Agriculture: Bearer Plants (Amendments to IAS 16 and IAS 41) published June 2014