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Analysis of Biological Assets Valuation With Fair Value Accounting and Historical Cost Accounting Method in Plantation Subsector of Indonesian Agricultural Industry in the Period 2007-2012

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The analysis of biological assets valuation with fair value accounting and historical cost accounting method in plantation subsector of Indonesian agricultural industry, in the period of 2007-2012, tries to evaluate the relevance of historical cost towards the fair value of biological assets. It also tries to look for empirical evidence on the differences in calculations on biological assets between FVA and HCA toward companys EBIT, net income, and potential tax liabilities. the research tests 5 companies within the plantation subsector in agricultural industry listed in Bursa Efek Indonesia (BEI). This study shows that there is a strong correlation between all variables tested. Among all statistical tests conducted, all hypotheses are rejected. This study concludes that the historical value of biological assets does not represent its real fair market value, or irrelevant. Also, the change in biological assets valuation from historical cost to fair value accounting would significantly affect the companys EBIT, tax expense, and net income.

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Availability

B01729

(Rack Thesis)

Available

Detail Information

Series Title

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Call Number

1729

Publisher

: Swiss German University., 2014

Collation

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Language

English

ISBN/ISSN

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Classification

NONE

Content Type

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Media Type

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Carrier Type

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Edition

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Subject(s)

Acctg
Fair value
Historical cost
Agricultural industry
Plantation
Fair market
EBIT
Tax expenses
Net Income

Specific Detail Info

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Statement of Responsibility

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