- 九州共立大学研究紀要 = Study journal of Kyushu Kyoritsu University (ISSN:21860483)
- vol.2, no.1, pp.51-59, 2011-09-30
International Accounting Standards Committee issued the International Accounting Standards No.41(IAS41) “Agriculture” on February, 2000. The purpose of this paper is outline briefly how the conceptof agricultural activity and to point out how the accounting treatment of agricultural activity, biologicalassets, biological transformation. This standard adopted a new approach for measurement method of fairvalue. This approach will set a new trend of measurement of agricultural products in the world. We willdistill what to learn to establish the accounting standards for the agricultural activity in Japan.