REGULATION AND PRACTICE OF THE FINANCIAL REPORTING OF BIOLOGICAL ASSETS IN REPUBLIC OF SERBIA
Financial statements of agricultural enterprises are an important source of information for assessing the effects of using resources and consideration of the effects of the company. Based on the financial statements of agricultural enterprises, users make important decisions to agriculture, and thu...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Naučno društvo agrarnih ekonomista Balkana, Beograd; Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, Bukurešt
2011-12-01
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| Series: | Ekonomika Poljoprivrede (1979) |
| Subjects: | |
| Online Access: | https://www.ea.bg.ac.rs/index.php/EA/article/view/613 |
| _version_ | 1827945777571299328 |
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| author | Kristina Mijić Nataša Spahić Bojana Vuković |
| author_facet | Kristina Mijić Nataša Spahić Bojana Vuković |
| author_sort | Kristina Mijić |
| collection | DOAJ |
| description |
Financial statements of agricultural enterprises are an important source of information for assessing the effects of using resources and consideration of the effects of the company. Based on the financial statements of agricultural enterprises, users make important decisions to agriculture, and thus overall economic activity. In order to make reliable and appropriate decisions it is necessary to provide quality financial statements that contain complete and accurate information about position and results of agricultural enterprises. This will provide information for efficient evaluation of business performance of agricultural enterprises. Accordingly, this paper provide the results of research the quality of financial reporting of biological assets in the Republic of Serbia in the period 2008- 2010. In this period there is a growing number of companies that adopted the requirements of standard, but the quality of financial reporting of biological assets is not satisfactory. Full disclosure of information according to standard first appears in 2010. year in only 6.67% of all investigated financial statements.
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| first_indexed | 2024-03-13T10:48:21Z |
| format | Article |
| id | doaj.art-7cf1ce07b4374bd4a9eca59191c2d903 |
| institution | Directory Open Access Journal |
| issn | 0352-3462 2334-8453 |
| language | English |
| last_indexed | 2024-03-13T10:48:21Z |
| publishDate | 2011-12-01 |
| publisher | Naučno društvo agrarnih ekonomista Balkana, Beograd; Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, Bukurešt |
| record_format | Article |
| series | Ekonomika Poljoprivrede (1979) |
| spelling | doaj.art-7cf1ce07b4374bd4a9eca59191c2d9032023-05-17T16:59:42ZengNaučno društvo agrarnih ekonomista Balkana, Beograd; Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, BukureštEkonomika Poljoprivrede (1979)0352-34622334-84532011-12-01584REGULATION AND PRACTICE OF THE FINANCIAL REPORTING OF BIOLOGICAL ASSETS IN REPUBLIC OF SERBIAKristina Mijić0Nataša Spahić1Bojana Vuković2The Faculty of Economics SuboticaFaculty of Sciences, Novi SadThe Faculty of Economics Subotica Financial statements of agricultural enterprises are an important source of information for assessing the effects of using resources and consideration of the effects of the company. Based on the financial statements of agricultural enterprises, users make important decisions to agriculture, and thus overall economic activity. In order to make reliable and appropriate decisions it is necessary to provide quality financial statements that contain complete and accurate information about position and results of agricultural enterprises. This will provide information for efficient evaluation of business performance of agricultural enterprises. Accordingly, this paper provide the results of research the quality of financial reporting of biological assets in the Republic of Serbia in the period 2008- 2010. In this period there is a growing number of companies that adopted the requirements of standard, but the quality of financial reporting of biological assets is not satisfactory. Full disclosure of information according to standard first appears in 2010. year in only 6.67% of all investigated financial statements. https://www.ea.bg.ac.rs/index.php/EA/article/view/613financial reportingbiological assetsIAS 41 |
| spellingShingle | Kristina Mijić Nataša Spahić Bojana Vuković REGULATION AND PRACTICE OF THE FINANCIAL REPORTING OF BIOLOGICAL ASSETS IN REPUBLIC OF SERBIA Ekonomika Poljoprivrede (1979) financial reporting biological assets IAS 41 |
| title | REGULATION AND PRACTICE OF THE FINANCIAL REPORTING OF BIOLOGICAL ASSETS IN REPUBLIC OF SERBIA |
| title_full | REGULATION AND PRACTICE OF THE FINANCIAL REPORTING OF BIOLOGICAL ASSETS IN REPUBLIC OF SERBIA |
| title_fullStr | REGULATION AND PRACTICE OF THE FINANCIAL REPORTING OF BIOLOGICAL ASSETS IN REPUBLIC OF SERBIA |
| title_full_unstemmed | REGULATION AND PRACTICE OF THE FINANCIAL REPORTING OF BIOLOGICAL ASSETS IN REPUBLIC OF SERBIA |
| title_short | REGULATION AND PRACTICE OF THE FINANCIAL REPORTING OF BIOLOGICAL ASSETS IN REPUBLIC OF SERBIA |
| title_sort | regulation and practice of the financial reporting of biological assets in republic of serbia |
| topic | financial reporting biological assets IAS 41 |
| url | https://www.ea.bg.ac.rs/index.php/EA/article/view/613 |
| work_keys_str_mv | AT kristinamijic regulationandpracticeofthefinancialreportingofbiologicalassetsinrepublicofserbia AT natasaspahic regulationandpracticeofthefinancialreportingofbiologicalassetsinrepublicofserbia AT bojanavukovic regulationandpracticeofthefinancialreportingofbiologicalassetsinrepublicofserbia |