Agriculture (IAS 41)

Accounting for Agricultural Produce is yet another very interesting area in Financial Reporting. This lecture video presents a full discussion on the accounting for agricultural produce as outlined in IAS 41 Agriculture. We have supported our discussion with an exam type question making the it easy for the candidates to fully conceptualize the accounting treatment. This lecture is of great importance to all those candidates preparing for their final financial reporting examinations especially those under the professional stream (CPA & ACCA).

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