Agriculture Advisory Group Meeting Notes – May 8 and 24, 2017

Start date:

End date:

Location: Toronto

On August 24, 2017, the Accounting Standards Board released a summary of the Group’s discussions.

The following topics were discussed:

  • Terms of Reference and Statement of Operating Procedures
  • Education Session
  • Definitions and Scope
    • Government Grants, Land and Quotas
    • Grain Elevators and Related Hedges
    • Purchased and Grown Agricultural Produce
    • Aquaculture
    • Productive Biological Assets and Agricultural Inventories
  • Measurement
    • Type of Current Value
    • Conditions for Current Value
    • Accounting Policy Choice for Measurement of Unharvested Crops
    • Grown/Self-produced Inputs
    • Close to Harvest
    • Accounting Policy Choice for Measurement of Productive Biological Assets
    • Amortization
    • Rebuttable Presumption
    • Deemed Cost
    • Culling

Review the meeting notes on the AcSB's Web site.

Related Topics

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.