| Autor: Tomasz Kondraszuk | 549 |
Strony: 549-562
pełen tekst
COST ACCOUNT IN AGRICULTURE ENTERPRISE
Summary
In the paper, the problem of measurement and valuation of cost in agriculture is discussed. The most signifi cant elements of the International Accounting Standard (IAS) no. 41 “Agriculture” are also described. During application of this standard a special attention was laid on the agricultural stock valuation according to their fair value. The stock is not valuated then according to its cost but basing on the most probable market value. Nevertheless, costs remain the basic economic category allowing for measurement of the utilized production assets. It was concluded that the cost calculation at the level of agricultural enterprise should be an inherent element of integrated information system of planning, decision making and control (controlling).
pełen tekstCOST ACCOUNT IN AGRICULTURE ENTERPRISE
Summary
In the paper, the problem of measurement and valuation of cost in agriculture is discussed. The most signifi cant elements of the International Accounting Standard (IAS) no. 41 “Agriculture” are also described. During application of this standard a special attention was laid on the agricultural stock valuation according to their fair value. The stock is not valuated then according to its cost but basing on the most probable market value. Nevertheless, costs remain the basic economic category allowing for measurement of the utilized production assets. It was concluded that the cost calculation at the level of agricultural enterprise should be an inherent element of integrated information system of planning, decision making and control (controlling).