Reconocimiento y medición del activo biológico en el sector ganadero aplicando normativa contable NIC 41.

Abstract

The IAS (International Accounting Standards) is a set of rules and regulations whose purpose is that which governs the veracity of the results obtained in the Financial Statements and the treatment thereof at a real value, that is why its Use and application has been adopted worldwide almost compulsory. The adoption of these accounting standards currently in Ecuador has managed to become an important pillar in the development and implementation of business activities, because its application allows to optimize the decision making of entrepreneurs. IAS 41 details the accounting procedure that must be performed on "Biological Assets", which favors mainly the Livestock sector of a country, region, city or site; and demonstrate the reality that the company has allowing a reliable and true record, with the management of the biological file for decision making. The objective of this study is the recognition and measurement of the biological asset in the livestock sector by applying accounting rules NIC 41 whose results allow us to know their registration under this regulation by explaining a practical case that allows obtaining the necessary information that contributes to the taking of future decisions of civil or judicial persons dedicated to the development of this activity considering that the production of cattle in Ecuador, has several activities: the production of milk and beef.