ORGANIZATION OF ACCOUNTING OF LONG-TERM AND CURRENT BIOLOGICAL ASSETS

Abstract

Accounting in any agricultural enterprises is carried out according to a methodology that is uniform for all forms of management, but unlike other industries, it has its own specific features, which are determined precisely by the inclusion of biological objects and natural forces in the production process. For example, if industry uses tools and objects of work that are created directly by man, then in agriculture, in addition to these tools, plants and animals are used, as well as land, which is both a tool and an object of work. Production processes are also largely influenced by weather factors, which determine both the cyclicality of production, especially in crop production, and the riskiness of activity results in general. The article is devoted to topical issues regarding the organization and accounting of long-term and current biological assets, their classification by the period of participation in the economic process, the peculiarities of the assessment of biological assets depending on the method of their acquisition and disposal, and providing recommendations for improving accounting in the agricultural sector. Without accounting and taxation, the functioning of any agricultural enterprise is impossible, since the efficiency of management cannot be achieved without proper information and analytical support. A set of accounting information about the state and changes in the company's assets and liabilities allows for reasonable management decisions. Agriculture occupies an important place in the development of the economy of Ukraine, as well as in providing the population with food products. Therefore, it is important to ensure the correctness of the organization and maintenance of accounting, methods of accounting and control of biological assets, their evaluation, methods of cost accounting and determination of the cost of production of works and services of agro-industrial enterprises. The purpose of the article is to substantiate the theoretical and methodological foundations and applied aspects of the organization of accounting for long-term and current biological assets in agricultural enterprises. Coverage and disclosure of accounting and analytical support of biological assets, main classification features and accounting and economic classification of biological assets.