IFRS For SMEs: What Will The Implementation of IFRS For SME Bring For Timber Industry?
| Authors | |
|---|---|
| Year of publication | 2012 |
| Type | Article in Proceedings |
| Conference | Collection of Abstracts from European Accounting Association 35th Annual Congress |
| MU Faculty or unit | |
| Citation | |
| Field | Economy |
| Keywords | agricultural activity; IFRS for SMEs; biological assets; agricultural produce |
| Attached files | |
| Description | Agricultural and forest producers use every form of business organization, from small farms to large publicly held corporations. Although most entrepreneurs working in agriculture and forestry are small and medium enterprises, the specifics of agriculture are significantly reflected in the financial reporting intended primarily for large corporations traded on the capital markets. There are designed specific procedures of recording in relation to the nature of biological assets and agricultural produce and ways of measurement in this paper. |