Tag: accounting policy of biological assets

Sample Disclosure – Accounting Policy Of Biological Assets, Forest Replanting Expenditure (11 February 2011)

Biological Assets – Forest planting expenditure All direct and related expenses incurred on the development of the Company’s Sustainable Forest Ecology and Management Project under the licensed agreement entered into with the State Government of Wonder...

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Sample Disclosure – Accounting Policy Of Biological Assets (22 November 2009)

Biological Assets All expenses incurred in land preparation, planting and development of crops up to maturity are capitalised as biological assets; all expenses subsequent to maturity are recognised directly in income statement. Biological assets are stated at...

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