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Please use this identifier to cite or link to this item: http://repository.kln.ac.lk/handle/123456789/12175
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dc.contributor.authorRajapaksha, S.R.-
dc.contributor.authorPerera, H.A.P.L.-
dc.date.accessioned2016-03-16T05:54:20Z-
dc.date.available2016-03-16T05:54:20Z-
dc.date.issued2016-
dc.identifier.citationRajapaksha, S.R. & Perera, H.A.P.L. 2016. Valuation of Biological Assets. Case Studies in Accounting “Bridging the Gap”, 03: pp. 11-13. Department of Accountancy, Faculty of Commerce and Management Studies, University of Kelaniya, Sri Lanka.en_US
dc.identifier.urihttp://repository.kln.ac.lk/handle/123456789/12175-
dc.description.abstract‘Green Acre Farms PLC’ is a listed company on Colombo Stock Exchange, which has the largest and most modern poultry hatcheries and breeder farms in Sri Lanka. In performing the operations, selective breeding, hatching and sale of commercial day old chicks are provided by the Green Acre Farms (GAF). Following the ruling issued by Institute of Chartered Accountants of Sri Lanka (ICASL), on 2nd March 2012 on bearer Biological Assets, cost basis was used by the company in measuring their biological assets. However, company had to change their policy of measuring the biological assets from cost basis to fair value basis, due to the request by the company’s main investor and the auditors.en_US
dc.language.isoenen_US
dc.publisherDepartment of Accountancy, University of Kelaniyaen_US
dc.titleValuation of Biological Assetsen_US
dc.typeArticleen_US
Appears in Collections:Volume 03 - 2016

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