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.
