RECOGNITION, EVALUATION AND ACCOUNTING OF PRODUCTIVE BIOLOGICAL ASSETS

Productive biological assets hold a special place in agricultural companies. A biological asset is a living animal or plant, such assets being included, from the accounting point of view, in the structure of tangible assets. We seek to present, in the pages of this article, the main aspects related to their recognition, assessment and accounting, combining the theoretical and the empirical research . We will make an incursion in the specialised literature and we will present the peculiarities of the accounting of the biological assets. The considerations underlying this article also take into account the fact that the productive biological assets are accounting structures approached in this field relatively recently, but, as we will prove herein, important for any agricultural unit.