IAS 41 and beyond for a sustainable EU agriculture
| Autor: | Razvan Hoinaru, Aureliana Geta Roman, Mihaela Mocanu, Buda Daniel |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2019 |
| Předmět: |
Materiality (auditing)
financial reporting Agricultural development non-financial reporting HF5001-6182 business.industry ias 41 05 social sciences agri-business Legislation 050201 accounting General Medicine Integrated approach sustainability Agriculture 0502 economics and business Sustainability Business Natural capital Economic system 050203 business & management Agribusiness |
| Zdroj: | Proceedings of the International Conference on Business Excellence, Vol 13, Iss 1, Pp 829-839 (2019) |
| ISSN: | 2558-9652 |
| Popis: | Titles on IAS 41 are not very common in the literature and in this sense there is a limited understanding of the standard and the agri-business, especially when connected with accounting and sustainability. Far too many scholars when taking into consideration natural capital, place too much emphasis on abiotic products (wind, solar, etc) which have a different economic behaviour than the biotic ones (biological assets). The topic of IAS 41 is important, as agriculture is one of the strategic sectors for human living and it needs to be accounted for in careful manner. Our article connects accounting with agriculture, sustainability and non-financial reporting for an integrated perspective. There are certain intrinsic challenges that IAS 41 presents, especially when dealing with FVA, but there are also greater needs for materiality in the sustainable agricultural development in the EU legislation. Authors think that there is place for improvement whiten the standards and the future of EU farming should not leave accounting behind, making a call for a more integrated approach and understanding. |
| Databáze: | OpenAIRE |
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