Research On Fair Value Measurement Of Consumptive Biological Assets In H Company

Consumption of biological assets is an important asset of fishery companies.The biggest difference between the international accounting standards and China’s accounting standards for biological assets is the difference in measurement models,but there are many drawbacks in the historical cost measurement model adopted in China.With the gradual maturity of the fishery biological assets market in China and the constant improvement of fair value measurement standards,some consumable biological assets can already use the fair value measurement model.Based on the above background,this paper uses comparative analysis method,case analysis method,financial index analysis method and regression analysis method to explore the application of fair value measurement in the consumptive biological assets of company H.After elaborated on the basic theory of biological assets and fair value,taking H fishery company as an example,it first expounded the current status of measurement of its expendable biological assets,analyzed the problems of historical cost measurement models,and demonstrated that H company was measured at fair value.The feasibility and necessity of its consumable biological assets.Second,the method of initial measurement,subsequent measurement and disclosure of consumable biological assets under the fair value measurement model is described.In measurement,the “consumable biological assets” subject is added.At the end of the period,the amount of changes in the fair value of the sea cucumbers is included in the “changes in fair value gains and losses” account;in the disclosure,H company can list two measurement models in the notes to the report.The value of the sea cucumber or the change in fair value is filled in a memorandum for management to use as a reference for decision making.In addition,the practical barriers to fair value measurement of consumptive biological assets in China are mainly difficulty in valuation.This paper uses regression analysis and market methods to estimate fair value,and analyzes the benefits of fair value measurement on the financial status and operating results of company H.Finally,this article aims at H company’s fair value measurement of its consumable biological assets in the guidelines,countries and H companies put forward safeguard measures in three aspects,hoping to be able to H company consumptive biological assets fair value measurement help play a more authentic and reliable The value of consumable biological assets of company H was disclosed to better promote the development of company H.