Biological Assets: Impact of Measurement on Financial Position and Performance of SMEs

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F17%3A43912836" target="_blank" >RIV/62156489:43110/17:43912836 - isvavai.cz</a>

Výsledek na webu

<a href="https://doi.org/10.23762/fso_vol5no1_2" target="_blank" >https://doi.org/10.23762/fso_vol5no1_2</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.23762/fso_vol5no1_2" target="_blank" >10.23762/fso_vol5no1_2</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Biological Assets: Impact of Measurement on Financial Position and Performance of SMEs

Popis výsledku v původním jazyce

The paper focuses on the possible ways of biological assets measurement in financial reporting of SMEs. According to IFRS for SMEs, the entity uses the fair value model for biological assets with readily determinable fair values, and the cost model for all other biological assets. The nature of all kinds of biological assets differs significantly, especially that of bearer plants and living animals. The authors evaluated the application of the above-mentioned methods to the representatives of both kinds of biological assets (an apple orchard and dairy cows). According to the study the way of biological assets measurement affects the financial position and performance of SMEs involved in the agricultural sector. The cost model is a more suitable way of measurement for bearer plants reporting, while the fair value measurement is more suitable for living animals in respect to fundamental principles of financial reporting.

Název v anglickém jazyce

Biological Assets: Impact of Measurement on Financial Position and Performance of SMEs

Popis výsledku anglicky

The paper focuses on the possible ways of biological assets measurement in financial reporting of SMEs. According to IFRS for SMEs, the entity uses the fair value model for biological assets with readily determinable fair values, and the cost model for all other biological assets. The nature of all kinds of biological assets differs significantly, especially that of bearer plants and living animals. The authors evaluated the application of the above-mentioned methods to the representatives of both kinds of biological assets (an apple orchard and dairy cows). According to the study the way of biological assets measurement affects the financial position and performance of SMEs involved in the agricultural sector. The cost model is a more suitable way of measurement for bearer plants reporting, while the fair value measurement is more suitable for living animals in respect to fundamental principles of financial reporting.

Druh

J_SC - Článek v periodiku v databázi SCOPUS

CEP obor

—

OECD FORD obor

50602 - Public administration

Projekt

<a href="/cs/project/GA15-24867S" target="_blank" >GA15-24867S: Malé a střední podniky v globální konkurenci: Vývoj specifické metodiky převodních cen odrážející jejich specifičnost</a><br>

Návaznosti

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Rok uplatnění

2017

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Forum Scientiae Oeconomia

ISSN

2300-5947

e-ISSN

—

Svazek periodika

5

Číslo periodika v rámci svazku

1

Stát vydavatele periodika

PL - Polská republika

Počet stran výsledku

13

Strana od-do

19-31

Kód UT WoS článku

—

EID výsledku v databázi Scopus

2-s2.0-85060841724