مدى إدراك المحاسبين و المراجعين الخارجيين لأسس القياس المحاسب المناسب للأصول الحيوية : دراسة ميدانية

Abstract EN

This paper aims at analyzing and evaluating the professional opinion issued by the Saudi Organizatin lor Certified Public Accountants (SGCPA) in 2009 to measure the biological assets based on the historical cost.

This paper uses a survey questionnaire to elicit the opinion of a sample of accountants and auditors in Saudi Arabia to (i) test the suitability of the historical cost as a basis for measuring biological assets across the physical cxpa nsion of such assets, and (ii) identify the reliability of measurement resulting from using another mcasuting basis to valuate these assets during the stages of procreation, growth and deterioration, in a way that satisfies the information quality.

The results revealed that the historical cost can be used to measurer thebiological assets in the folhvoing stage of maturity stage.

Furthermore, in cases where active markets of biological assets arc available, the fair value can provice a reliable measure in the growth and cfctcrioration stages.

Additionally, the target sample of accountants and auditors practicing in Saudi Arabia has supported the findings of this paper.

Therefore, this paper stronglyu recommends that the Saudi Organization for Certified Public Accountants should revise the former professional opinion issued in 2009 and release a newly accounting standard on agriculture with cxcvutivc guidelines to achieve the quality of accounting information and preserve the interests of the interested stackeholders.