This document discusses accounting standards for agricultural assets under IAS 41. It defines key terms like biological assets and agricultural activity. Biological assets are classified and their harvest is distinguished from the agricultural produce resulting after harvest. Measurement of biological assets can be at fair value over multiple years. Disclosures include qualitative descriptions of biological asset classifications, existence, age and management strategies. The circular nature of agricultural economics is also mentioned. Grafting is identified as a key grand strategy.

1. By: Pandu Kurniawan, S.E., M.Acc., akt., CPA., ASEAN CPA., CRMO.
Agricultural Asset

2. Sak 14: Inventory
etc
Regulated
IAS 41

3. Definition
1. Agricultural Activity
2. Biological Asset
3. Cost to Sell
4. Group of Biological Asset
5. Harvest

4. Classified

5. Cut-Off
Biological Assets Agricultural Produce Product Resulting After
Harvest
Sheep Fleece Staple, Carpets
Trees from a Plantation Lump Timber
Plants Cotton
Cane
Clothes, Clothing
Sugar
Dairy Cattle Milk Cheese
Pigs Housing Sausages, Processed Bacon
Shrubs Leaves Tea, Treated Tobacco
Vine Grapes Wine
Frui Trees Fruit Picked Processed Fruit

6. The Confession/Pengakuan
The Measurement/Pengukuran
Disclosure/Pengungkapan

7. The Confession/Pengakuan
1st Year 2nd Year 3rd Year
Fair Value

8. The Measurement/PenGUKURAN
HARVEST CAN BE MEASURED
Profit of Loss?

9. DISCLOSURE/Pengungkapan
Qalitatife Description Classification
Existence of Biological Assets Age
Management Strategy

10. Circular ECONOMIC

11. Grand Strategy:
GRAFTING