Valuation of biological assets at fair value: impacts on decision-making in agro-industrial companies

Rabassi, Renato Spricido ✉; Batalha, Mario Otavio; de Albuquerque, Andrei Aparecido

Portugál nyelvű Szakcikk (Folyóiratcikk) Tudományos
Megjelent: CUSTOS E AGRONEGOCIO ON LINE 1808-2882 1808-2882 16 (1) pp. 2-25 2020
  • SJR Scopus - Accounting: Q3
  • Egyéb mezőgazdaság-tudományok
  • Közgazdasági és gazdálkodástudományok
The concept of Fair Value for agricultural products was introduced in the framework of accounting practices in 2010 in a process of convergence with international accounting standards put in place by Brazil. Managing agricultural production according to the principles of this concept may imply changes in business practice, because while previously gains or losses were recognized only when the product was sold, in this new approach they are recognized during the administration of the agricultural asset itself. In order to search for empirical evidence that would allow advancing this discussion, this study investigated a sugarcane company in the interior of the State of Sao Paulo. This research aims to verify if the implementation of Fair Value as a way of recognizing agricultural costs causes changes in the company's decision making. Based on a qualitative study and using a research method based on a single case study, the research applied non-parametric tests in the evaluation of the evaluated company's financial statements. The results obtained showed evidence that the Fair Value impacted the company's economic and financial indicators, reflecting changes in its decision making.
Hivatkozás stílusok: IEEEACMAPAChicagoHarvardCSLMásolásNyomtatás
2023-03-25 18:48