The Research On Accounting Measurement Of Biological Assets In Sheep Industry Of China

In the study of biological assets, the most basic and the core problem is how to measure them and the choice of measuring methods.In recent years it has been paid attention to continuously and fiercely discussed in the theoretical circle.With the enlargement of sheep raising enterprises and the ascension of industrialization level,exploring the measuring methods of biological assets in sheep industry is particularly urgent.Although there are some domestic scholars putting forward that biological assets should be measured by mixed measurement,scholars paid less attention to the specific application of mixed measurement in different kinds of biological assets in different industries,even completely didn’t study the measurement problem of biological assets in sheep industry. So this article selects the measurement problem of biological assets in sheep industry as the research object, trying to find out the measuring method suitable for the current development status of sheep industry in our country.First of all, this article reviews the basic theory related to biological assets,studies the law of sheep assets’value starting from the theoretical knowledge and classifies biological assets in sheep industry according to the characteristics of sheep assets. Secondly,collect and analyze the statistical data and financial statements.On the one hand,reach the present development situation of sheep industry through analyzing the sheep breeding condition and the statistical data of sheep products in and out of our state. On the other hand, interpret financial statements of agricultural listed companies, and try to bring some inspiration to resolve the problem of accounting measurement issues about biological assets in sheep industry by analysis of the situation of confirming and measuring biological assets in our country. Then compare the existing main accounting measurement methods of biological assets in sheep industry, summarize their advantages, disadvantages and applicable scope, draw a conclusion that we should use, and should use multiple and compound measurement methods instead of single historical cost or fair value to measure biological assets in sheep industry. In the end, creatively divide sheep into four categories including suckling lambs and weaning young sheep, lamb hog and reserved sheep, adult sheep as well as eliminated sheep by considering the growth cycle and asset types of sheep. Analyze each type and put forward measuring methods suitable for the current status of sheep industry development in our country.