ON THE VALUATION OF BIOLOGICAL ASSETS IN AGRICULTURAL ORGANIZATIONS IN THE TRANSITION TO INTERNATIONAL ACCOUNTING AND REPORTING STANDARDS
The article investigates methodological approaches to the calculation of the fair value of biological assets in the light of the introduction of International accounting and reporting standards into Russian accounting practice. Accounting of biological assets of the organization at fair value will increase the reliability of the financial results of the agricultural organization and will help to accurately assess the results of economic activities, which will significantly increase the investment attractiveness of agricultural organizations.