Improvement Accounting of Sales Agricultural Products on Farm Enterprises
Improvement Accounting of Sales Agricultural Products on Farm Enterprises
Author(s): Abdimumin Ismatovich Alikulov, Ulugbek Tashmuratovich EshmuradovSubject(s): Micro-Economics, Agriculture, Accounting - Business Administration
Published by: Fundatia Română pentru Inteligenta Afacerii
Keywords: Accounting; Farms; Primary accounting; Accounting of realization; Correspondence accounts;
Summary/Abstract: In this study we examine the selling process of farm enterprises,particularly, we will investigate the approach of improving the accounting of sales.The study also examines the factors associated with recognition of revenue in the phase of sale of goods and services of farm enterprises. The findings show that there are numerous mistakes in accounting of sales and financial statements. In addition, we conclude that the main contribution of IAS 41 is to provide a strong conceptual framework in agricultural accounting practice. However, this standard is mainly used in EU. In the study we try to find the ways of applying of IAS 41 in accounting system of farms of the region Samarkand.
Journal: SEA – Practical Application of Science
- Issue Year: II/2014
- Issue No: 05
- Page Range: 649-654
- Page Count: 6
- Language: English