Research On The Accounting Of Biological Assets Of Zhangzidao Group

The core component of agricultural enterprises in China is biological assets.It is not only the most important production materials,but also the most important business object.However,because the process of agricultural production is more complex than that of industrial enterprises,it is difficult to form a unified standard applicable to most agricultural enterprises.As a result,many agricultural enterprises in China have not been able to disclose detailed,unified,standardized and high-quality biological assets accounting information.At the end of 2014,zhangzidao group was exposed to a huge loss of 800 million scallops.Capital markets were in uproar.In turn,both the capital market and the public have a strong interest in the special assets of agricultural companies and their accounting meters.Based on this,our country on agricultural enterprises of qualified by listing on the choice of more competitive in addition to encourage,develop some effective biological asset recognition,measurement and disclosure standards,will make huge impairment is to guard against the risk of the enterprise,will also have a significant meaning in enterprise stable operation.This paper takes zhangzidao group as a specific case and analyzes its biological assets accounting on the basis of existing theoretical research on biological assets.A large amount of information about the whole event has been obtained through the Internet,books and periodicals.At the same time carefully check the roebuck island group in the last few years the stock market announcement and other related to the biological assets accounting some historical documents,investigation,report,access to the group in recent years of financial data,business data,etc.And then comparing the acquisition of data,data comparative analysis,discover roebuck island group of biological assets accounting system problems of each link,and analyzes the causes of the problem.At last,it formulated the biological asset accounting system in line with the current situation of this group for zhangzidao group.The system covers the recognition,cost measurement of biological assets,internal control,accounting information disclosure and so on many links,in order to better regulate roebuck island group related behavior,and then to improve the level of biological assets accounting other agricultural enterprises in China provide reasonable reference.