Verificación de la aplicación la nic 41 en los activos biológicos en la hacienda "xyz" en el periodo 2021.

Abstract

International Accounting Standard 41 (IAS 41) applies specifically to biological assets, which are living organisms such as crops, trees, livestock and fish used in agriculture. Just as learning is a process of acquiring knowledge and skills, IAS 41 addresses the process of valuation and measurement of these biological assets, which undergo changes throughout their life cycle. As in apprenticeship, where teachers use various strategies to lead students to acquire new content and skills, in accounting for biological assets, practitioners must apply appropriate methods to determine their fair value and related costs. The main objective is to verify the application of IAS 41 in the company's biological assets. The application of IAS 41 in the valuation of biological assets seeks to improve the quality and accuracy in the measurement of these assets, which contributes to making decisions based on reliable and updated information. The methodological process of the research was through the qualitative approach, with a phenomenological paradigm, the inductive method, by means of an interview directed to the accounting personnel and the manager where it was possible to know the lack of knowledge about the standard and its recording process.