ACCOUNTING AND INFORMATION SUPPORT FOR BIOLOGICAL ASSET MANAGEMENT

Zhuk V.M., Vasylishyn S.I., Nezhyd Yu.S., Voloshyna O.V.  Accounting and information support for biological asset management: a practical guide. Kyiv: VIPO LLC, 2025. 287 p.

This practical guide reveals the theoretical foundations of accounting for biological assets, agricultural results, and their reflection in reporting. It describes the key aspects of accounting for transactions involving the receipt, change in value, and disposal of current and long-term biological assets. It examines the specifics of accounting for biological transformation costs and agricultural output. It defines the procedure for reflecting biological assets in the simplified accounting of agricultural enterprises. It reveals the procedure for determining and accounting for financial results from the initial recognition, sale, and change in the fair value of biological assets and agricultural products. The key features of reflecting information about biological assets in financial, integrated, and statistical reporting are established. The peculiarities of reflecting information about agricultural activities as a component of XBRL taxonomy are considered.

The publication will be useful for accountants, financiers, auditors, researchers, teachers, and students of higher education institutions.