Study On Biological Assets Accounting

China is a large agricultural country, vast population but lack of cropland, relative deficiency of per capita resources, imbalance of local development.The basic characteristic of agriculture is the interrelation of natural reproduction and economic reproduction. That leads to the complexity of accounting recognition, measurement and disclosure.In addition to the self-owned complicity of biological assets, so it is impossible for the most agricultural enterprises to provide sufficient cost accounting information of the biological assets. Agricultural activities involving biological assets and agricultural products after accounting recognition and measurement results need to pass to the use by means of information disclosure and the complete, fair, and standardized disclosure of information is of vital importance to agriculture accounting. Therefore, accounting recognition, measurement and disclosure of assets in agricultural enterprises has become a key focus accounting academy and economic field. For this reason, the study of agricultural accounting issues has some theoretical and practical significance.On February 5, 2006 China promulgated the "Enterprise Accounting Standards No. 5 -Biological Assets" and authorized to implement from January 2007. In order to better grasp and implement the new guidelines, there is a necessity for analysis and verification on the current state of the accounting recognition, measurement and disclosure of biological assets over the past year from theoretical basis in order to perfect and implement the new Accounting Standards.The paper fall into five chapters:The first chapter is a brief introduction to the background, purpose, and meaning of this paper; the research status from home and abroad; the limitation of the paper; the contents, creations and shortcomings; these entire firm basics lead to the following discussion.The second part is the related theories to the biological assets information. It is the theoretical foundation of an in-depth and comprehensive exposition of agricultural enterprises accounting information, analyzed the characteristics of biological assets.The third part is an International Comparison of accounting recognition, measurement and disclosure of biological assets.The fourth part is the realistic choice of biological assets accounting. After the analysis of the background factors and factors affecting of biological assets accounting.By absorbing international biological assets measurement,in addition to integrating reality conditions exist in our national agricultural enterprises, in order to illuminate the current counting to biological assets in our country, which can not use historical cost or fair value, and so on, the Later ones belong to single accounting features, the right way is choosing the mixing counting model which puts historical cost measurement in the first, and properly uses fair value.The fifth part is the implementation and perfect countermeasures of Accounting Standards of biological assets.This part is based on the actual situation in accounting information of biological assets, applies the existing 35 agricultural listed companies listed in the 2004-2007 financial report for the empirical stud, collects, collates and classifies the assets of the report relating to the relevant biological information,studies the implement, Points out prevalence of problem of accounting recognition, measurement and disclosure of assets in agricultural enterprises.It also gives reasonable proposal to perfect and implement the new Accounting Standards.