The Research Of Accounting Measurement Attribute On Fruit Tree Asset

The fruit tree asset belongs to the economic forest asset of forest asset. The fruit tree asset is the productive biological asset which has the characteristic of fixed asset because of its long growth cycle and production that produced after normal productive phase.Biological asset is a new asset of enterprise accounting standards. The biological transformation capacity that the biological asset had put its value in endless change, which also led to the particularity of accounting measurement of biological asset. The most difference between biological asset standard in China and IAS41 is the difference of accounting measurement attribute.This article analysis the selection scheme of the accounting measurement attribute of fruit tree from the research of the definition related to the biological assets and the literature review of domestic and foreign. The object of study is the productive biological assets. Although the fruit tree has no active market in addition to fruit products, lumber. It is more difficult to obtain the market price. But fair value can be obtained through using the present value technology or method of evaluation. The fruit tree has the possibility of applying fair value. Therefore, the selection schemes of the accounting measurement attribute of fruit tree asset are historical cost and fair value.The paper based on the field research to collect the cases of measuring the fruit tree asset by evaluation. The purpose of the paper is to analysis the application of fair value that obtained by evaluation technology in accounting measurement of forest and to expand the applied range of fair value in practice of forest asset. In some special cases, such as the destruction of forest asset, land requisition, the value that acquired through the method of evaluation has some references to make a decision of forestry enterprises and individuals. The fruit tree asset has the condition of using fair value. In view of this, this innovation is to research the using of fair value in fruit tree asset.As improved continuously of China's market economic system and the development and progress of accounting theory and practice, the restrictive conditions of fair value will be gradually liberalized; the development space of fair value in the field of asset measurement will be bigger and bigger.