Vovchuk T. The accounting and analytical provisions for management of forest biological assets' formation and exploitation

Theoretical and methodological aspects of forest biological assets' formation and exploitation are analyzed in this dissertation. The paper provides for the assessment of current condition, outlook, competitiveness and possible future trends of forestry development. The necessity of forest recognition as part of biological assets, conceptual approach for biological assets' accounting treatment and disclosure requirements with respect to forest plantations of various age groups are justified in this paper. The dissertation completes existing documentation order and further disclosure in the notes to financial reports of forest biological assets' evaluation results. Biological assets are analyzed in the frame of the threeness of their essence, the system of indices featuring the assets on different levels of research are specified. The accounting and analytical system for forest exploitation enhancement is updated, that envisages integrated and thorough information environment to be created the application of which will enable promotion of the efficiency of forest biological assets' formation and exploitation.