The Research On The Recognition,Measurement And Disclosure Of Forest Biological Assets

As a kind of natural resource, forest resource is essential to the material base ofthe human sustainable development. The forest biological assets, as an important partof forest resource, is playing a significant role in the process of the ecologicalenvironment construction and forestry production. At the moment,"Businessaccounting the Criterion5th-Biological assets" is the only thing involves how to dealwith the biological assets. However, the forest biological assets is different from otherbiological assets, and they have their own character. At present, our new accountingstandards do not mention how to deal with the forest biological assets so that there areshort of information about forest biological assets for the users of this information tomake decisions. It is a new field for forest biological assets in accounting research.This article mainly adopt normative research method, and combine systemresearch and document research, and then use the comparison analysis method toanalyze the differences of biological assets accounting standards with international.Finally, from the basic theory and character of the forest biological assets, we discussthe recognition, measurement and disclosure issues of the forest biological assets.In this paper, the main innovation points concludes：⑴The article completely summarizes the forest biological assets’ particularityand concludes the influence of the forest biological assets in recognition,measurement and disclosure.⑵This article put forward "consumptive biological assets" as an independentlong-term assets to be checked, and list it in the appropriate location in the balancesheet.⑶This article choose the present measurement model of the forest biologicalassets: Based on the historical costs measurement, and partially based on theevaluation value measurement for the forest biological assets, in order to realize fairvalue measurement in the future.⑷This article proposes to use “historical cost+volume” report pattern. Itexpands the content of information disclosure of the forest biological assets.