Nic-41: tratamiento contable y determinación del valor razonable de activos biológicos en cultivos de ciclo corto, mediano y largo plazo.

Abstract

International Accounting Standard 41 provides that biological assets should be measured at fair value or through the cost method during the growth stage, therefore this research work is focused on applying IAS 41 in the accounting procedures of short, medium and long term crops, through the approach of practical cases that allow determining the fair value of biological assets and facilitate the understanding of this standard. Within the methodological scope, a bibliographic-documentary review was carried out, where IAS 41 was established as the main source of information, as well as the information contained in the different databases and texts related to the researched topic. In addition, a practical exercise is presented detailing the accounting procedures for short, medium and long term crops, showing the costs involved and the management of the accounting items for each case.