A cross-ASEAN study on the effects of IAS 41 amendments on the profitability and financial statement presentation of agricultural firms with bearer plants
Date of Publication
2016
Document Type
Bachelor's Thesis
Degree Name
Bachelor of Science in Accountancy
College
Ramon V. Del Rosario College of Business
Department/Unit
Accountancy
Thesis Adviser
Herminigilda E. Salendrez
Defense Panel Chair
Cynthia P. Cudia
Defense Panel Member
Nimpha M. Aquino
Carmelita C. Clerigo
Marivic V. Manalo
Mark Vincent B. Bendo
Arnel Onesimo O. Uy
Abstract/Summary
The amendment of the standard regarding bearer plants led to some difficulty in understanding for users. Throughout the study, it showed that there exist material differences in the financial statements once these bearer plants are recorded as property, plant and equipment (PPE) rather than biological assets at fair value. The study evaluated these differences that have arisen due to the amendments, and it gave as well an analysis into the specific changes in the financial statements. The study was conducted through a ratio analysis of the financial statements of affected companies, using ratios calculated from historical data and ratios calculated after incorporating the amendments.
Abstract Format
html
Language
English
Format
Accession Number
TU23382
Shelf Location
Archives, The Learning Commons, 12F, Henry Sy Sr. Hall
Physical Description
vi, 126 leaves : illustrations ; 28 cm. + 1 computer disc ; 4 3/4 in.
Keywords
Agriculture--Southeast Asia--Accounting
Recommended Citation
Espiritu, B. P., Macasaet, R. S., Marino, A. T., & Rivera, F. C. (2016). A cross-ASEAN study on the effects of IAS 41 amendments on the profitability and financial statement presentation of agricultural firms with bearer plants. Retrieved from https://animorepository.dlsu.edu.ph/etd_bachelors/6235