Research On Internal Control Of Consumable Blological Assets In Agricultural Listed Companies

Consumable biological assets are an important manifestation of the assets of agricultural listed companies.Consumable biological assets differ from other assets in terms of diversity,biotransformation,natural value-adding,growth periodicity,and uncertainty of future economic interests.These particularities are not available in other assets.This particularity has led to a large number of uncertainties and high risks in the measurement and control of agricultural listed companies,which in turn increases the unsafeness of the assets of listed agricultural companies,which is fatal for agricultural listed companies.After sorting out the relevant literature and normative guidelines on consumable biological assets at home and abroad,it is found that whether it is the internationally promulgated "International Accounting Standards No.41 Agriculture" or the domestically issued "Enterprise Accounting Standard No.5 The relevant provisions of the Assets related to expendable biological assets are the initial confirmation and subsequent measurement of consumable biological assets from the perspective of accounting measurement,and do not address the asset safety issues caused by the particularity of consumable biological assets.The corresponding internal control regulations are issued.It can be seen that the research on consumable biological assets at home and abroad still stays on the surface accounting measurement,and there is no in-depth exploration of its internal control system.This has been unable to adapt to the operation of agricultural listed companies under the current situation,and the assets of agricultural listed companies.The safety and integrity of the company cannot be guaranteed fundamentally.The internal control system of consumable biological assets that builds and perfects agricultural listed companies is an effective way to solve this problem.Agricultural listed companies can only fundamentally protect the safety and integrity of assets if they strengthen and improve the internal control and management of consumable biological assets.According to the five elements framework of COSO,combined with the internal control theory,based on the particularity of the internal control of consumablebiological assets of agricultural listed companies,the budget management,procurement management,growth management,warehousing management,inventory management,and impairment of consumable biological assets.The management and other links run through the internal control management of consumable biological assets,and construct a complete internal control system for consumable biological assets.According to the particularity of the consumable assets in each control link,by identifying the special risks of the expendable biological assets in each link,effective control activities are designed for these special risks,and then the complete consumption of agricultural listed companies is combed.The theoretical framework for the internal control of biological assets.Subsequently,using the typical case of Zhangzidao Co.,Ltd.,the theoretical framework of consumable biological assets internal control was used for analysis.Taking risk elimination as the traction,from the key links of budget management,procurement management,growth management,warehousing management,inventory management,and impairment management,we will study the major defects in the internal control of consumable biological assets,and finally propose to improve the scorpion.Island AG's recommendations for internal control of consumable biological assets.This paper uses factual cases to study the internal control of expendable biological assets of agricultural listed companies,and constructs a perfect theoretical framework for the internal control of consumable biological assets.Then,using the typical case of Zhangzidao Co.,Ltd.to analyze,in order to improve the agricultural listed companies The internal control of consumable biological assets provides advice and is highly applicable to the protection of the safety and integrity of consumable biological assets.To a certain extent,it has made up for the gap of this part of the theory,and provided reference for other agricultural listed companies to realize effective internal control of consumable biological assets.