Koval O. Accounting of Biological Assets

Object of research: reflection in the accounting business operations of biological assets and their transformations. Aim: development of theoretical principles calculation of biological assets and justification of methodological approaches to solving problems of application of national standards of accounting of agricultural activity in the context of globalization and sustainable development. Research methods: general scientific knowledge and specific methods (including statistical techniques, descriptions and comparisons, modeling). Scientific novelty: first proposed building a separate accounting method available genetically modified biological assets and operations of their biological transformations; improved theoretical basis of economic and accounting entity concept of "biological assets", the classification of biological assets, biological assets evaluation method in accounting for the improvement of equity accounting enterprises, elements of accounting policy on the identification of biological assets of GMOs and GMO-free, form of financial statements, forming indicators of financial and statistical reporting; had the further development of proposals to improve accounting standards of agricultural activity, methodical approaches to the financial performance of agricultural activities.