Tratamiento contable, medición y reconocimiento del activo biológico porcino según la NIC 41.

Abstract

Today the livestock activity is one of the items that contributes to the country's economy, for this reason the correct application of an accounting treatment will allow the sustainable improvement of the companies that are dedicated to the livestock activity in this case it would be in the production swine in terms of determining the production costs to be used, in turn it will achieve the optimization of unnecessary resources during livestock operations. This case study aims to identify the production costs incurred in the production of the biological asset, as defined in international accounting standards, especially in IAS 41 directly related to agricultural operations (fattening, development and production) in order to later be able to market the final product on the market; This regulation allows the correct use of the costs incurred in the production process of a biological asset in order to correctly determine the valuation, measurement and recognition of pigs. This research was carried out applying the qualitative and descriptive methodology, likewise a bibliographic review was applied and together with that an interview was carried out with a microentrepreneur who gave us the values ​​of the raw material, labor and the indirect costs that are generated by time to raise a piglet. According to the development of the practical case, it showed a loss when buying piglets and raising them to later market them live, that is, the production costs are very high at the fair value of the biological asset.