IAS 41 on agriculture is issued

  • News default Image

23 Feb 2001

IASC has issued IAS 41, Agriculture.

Under IAS 41, starting 1 January 2003, all crops, livestock, orchards, and forests are measured at fair value until harvest (unless fair value cannot be measured reliably), with fair value changes reported in earnings. IASC Press Release (PDF 30k).

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.