Discussion On The Accounting Of Biological Assets Of Agricultural Listed Companies

China is a large agricultural country,agriculture as the first industry in Our country,in our national economy status is self-evident.Along with the progress of The Times,the development of science and technology and the prosperity of the society,our country's economy pays more attention to the quality of economic growth while pursuing the rapid development.Ecology and environmental protection have become the hot direction of enterprise development.With the supply side reform,policy support and more frequent domestic and foreign trade,more and more enterprises are investing in agricultural production.In the operation and management of companies,listing is an effective means to enhance corporate reputation and raise funds.Many agricultural companies choose to go public to enhance their own strength and expand economies of scale effect.Listed agricultural companies have always been concerned by investors in the capital market because they represent the development level of China's agricultural industry and are related to the healthy development of agriculture in the future.Together with the promotion of the concept of "green economy",the development momentum of listed agricultural companies is strong.The main difference between listed agricultural companies and ordinary listed companies lies in the fact that their business revolves around agriculture,while agriculture is very different from other manufacturing industries,mainly reflected in the particularity of its products.The products of listed agricultural companies are usually mainly plants or animals they grow or breed.In order to facilitate the accounting of such products,"biological assets" are set up in the accounting standards.As the core assets of listed agricultural companies,biological assets are their main business objects,and their accounting standards have been paid more and more attention.Biological assets are the most important means of production for listed agricultural companies.Due to their own particularity,the value created in different growth periods and environments will vary greatly.Moreover,they are greatly affected by natural environment and animal epidemics,making the accounting of biological assets more complicated than that of common assets.The particularity of biological assets makes it difficult to form a set of accounting system applicable to all listed agricultural companies.And because the current guidelines for biological assets were issued by the Treasury in 2006,they have been in use for more than a decade.After more than ten years of development and changes in the capital market,many provisions in the standards have been difficult to meet the needs of listed agricultural companies.In recent years,many unique agricultural management of listed companies will use the rule of biological assets specificity and loopholes in the implementation of financial fraud,seriously affected the agricultural listed companies' accounting information quality,again and again to hit the investor's investment confidence,caused the social agricultural biological assets of listed companies accounting for attention.The public has an increasingly strong demand for the standardization of biological assets accounting,and the research on biological assets accounting is in urgent need of improvement.This paper takes the accounting of biological assets of agricultural listed companies as the research direction,and starts from the financial fraud cases of agricultural listed companies,and leads to the research on the four most important aspects of biological assets accounting: accounting recognition and classification of biological assets,measurement mode selection,subsequent measurement and accounting information quality.At present,scholars at home and abroad have made some research achievements in the above four aspects of biological assets accounting,but there are also many controversies.This paper summarizes the research results of domestic and foreign scholars,extracts their core views,and analyzes the deficiencies in every aspect of biological asset accounting research.After elaborating the related concepts and characteristics of biological assets and the difficulties in accounting,this paper introduces the current situation of the accounting of The biological assets of Wens shares and finds out the problems.Then,the problems in the accounting of biological assets of the company were analyzed from five aspects: classification of biological assets,measurement attributes,depreciation methods,impairment provision and accounting information disclosure.Then,according to the problems found,the paper puts forward reasonable Suggestions on the problems existing in the accounting of biological assets of agricultural listed companies from three aspects: accounting standards for biological assets,external supervision and internal management of enterprises.Accounting standards provide enlightenment from classification,measurement attributes,depreciation methods,impairment recognition and information disclosure;external supervision puts forward requirements from external audit,cultivation of information disclosure awareness and establishment of market constraint mechanism;and internal management of enterprises gives Suggestions from judging the amount of impairment and increasing the category of information disclosure.The more economic development,the more important agriculture;The more a company develops,the more important accounting becomes.This paper hope through the analysis of the problems of biological assets accounting and proposed relevant countermeasures to agricultural biological assets of listed companies accounting norms,so as to help regulators for the management of the capital market,and make investors for agricultural listed companies are more confident,more confidence on our country's agricultural industry.Due to my limited theoretical level,I may have some ideas that are not mature enough.I will continue to explore and study in the later work practice in order to put forward more perfect views.