The Accounting Recognition And Accounting Measurement Of Biological Assets

Biological assets are one of the main factors of production that people are engaged in the agricultural activity and also the important components of agribusiness' assets. China is rich in biological resources. With the economic development of market economy, even more enterprises and persons put investment on biology . Accounting information is crucial to optimized economic resources allocation. To biology and relating to its industries, we should develop accounting by making high quality accounting information . However , good quality information comes from recognizing and measuring biological assets scientificly.Appeal to the particularity of biological assets, this paper makes systematic studies on them by method of comparative analysis and normalization.This paper aim at the special situation of our country, system study the accounting recognition and accounting measurement , discussing the choice of the accounting measurement of the biological assets.First of all, this paper introduced the background of the study, then reviewed the relevant studies .It expatiated the basic theory of biological assets and explained the definition, scope, characters and sort of biological assets.This paper discussed the deep-seated problem of biological assets in virtue of the account recognition and account measurement.It compared International Accounting Standard and relevant rules in others countries and regions, which provided reference for recognition and measurement of biological assets in China.It put forward specific thoughts for recognition and measurement of biological assets in China through analyzing relevant factors influencing therecognition and measurement of biological assets.Finally, we can draw the conclusion that under the corvergence of the International Standards of the biological assets and China's standards, we keep down our features.At the same time , we should understand them have obvious differences.So, we need more research and explore in the process of the accounting theory research and accounting standard constitution.