Asst. Prof. Bojan Savić, PhD, Asst. Prof. Nataša Obradović, M.A.
Biological assets represent a characteristic item of an entity’s fixed assets in the agricultural sector. Its accounting coverage is followed by numerous challenges, primarily due to the need to measure the fair value to which it refers IAS 41 – Agriculture, but also because biological assets may be very heterogeneous in terms of race, life cycle stage, health status, productivity and more.