Are you unfamiliar with the accounting treatment required to be applied to the transactions of an agricultural business? Section 34 Specialised Activities is here to help!
IFRS for SMEs deals with agriculture / biological activities in section 34, where it lays out recognition, measurement and disclosure requirements.
This training session breaks down the requirements of section 34, and helps you understand how to do the accounting recognition and measurement for the types of transactions that often take place within the agricultural industry.
This session is packed with practical examples helping you to:
+ Identify what items / types of transactions are included in the scope of biological assets
+ Know how to do the accounting up to point of harvest
+ Understand what happens at harvest and afterward
Break down the requirements of Section 34 Specialised Activities - Agriculture, by simplifying the following:
- Definitions and scoping
- Recognition
- Measurement
- Disclosure
☒ Investment managers
☒Auditors
☒Bookkeepers
☒Financial accountants
☒First year SAICA Trainees
☒Second year SAICA trainees
☒Third year SAICA trainees
☒Fourth year SAICA trainees
☒Fifth year SAICA trainees
☒Audit managers
☒Audit partners
☒Engagement Quality Control Reviewers
