Agriculture And Forestry Listed Companies Information Disclosure Of Biological Assets Candidate

In early 2007, China’s Ministry of Finance for the first time promulgated the "Enterprise Accounting Standards No. 5- Biological Assets", requires the implementation of the first listed companies, unlisted companies and to encourage early implementation. In this context, the paper annual report of listed companies in agriculture and forestry as samples for statistical analysis to biological assets of its information disclosure of listed companies is designed to investigate the presence of agriculture and forestry in a biological asset information disclosure issue, so as to government to better guide decision-making departments of Agriculture and Forestry biological assets of listed companies to disclose information to provide policy recommendations.Research indicates:(1) biological assets disclosure of information is not comprehensive, clearly prompted some companies within the report have related businesses and assets not listed in the balance sheet.(2) biological assets is not unified information disclosure, biological assets disclosure section of the Company’s inconsistent with official rules and practices. As people and shares in corporate annual reports in 2012, under the biological asset accounting policy projects, annual disclosure of company biological assets are all consumable biological assets.(3) biological assets accounting measurement standards are inconsistent, according to the accounting principles of biological assets, different measurement methods will produce different results.(4) The current biological assets of listed companies to disclose information persists disclosure is not standardized, incomplete and comparable disclosure, poor systemic problems.Studies suggest that:(1) The relevant departments should actively improve corporate accounting related systems,to further standardize information disclosure biological assets.(2) should be actively strengthen supervision and punishment for agriculture, forestry,biological information disclosure of listed companies, to guide agriculture and forestry biological assets of listed companies to disclose the correct information.(3) actively explore the establishment of a sound management system of third-party agency,multi-dimensional problems and deficiencies in monitoring and reducing the disclosure of listedcompanies in agriculture, forestry, biological assets.