The importance of operating agricultural equipment in use by fair value from the management situation in small and medium-sized enterprises in the transitional country: Example of the Republic of Serbia
This study highlights the importance of using real-life values of agricultural equipment in real financial statements in medium-sized enterprises. The authors have adopted the essence of nature related to the estimation of agricultural equipment, that is, he has stated that in the agricultural produ...
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Published in | Agricultural engineering (Belgrade, Serbia) Vol. 46; no. 1; pp. 1 - 6 |
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Main Authors | , , |
Format | Journal Article |
Language | English |
Published |
2021
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Online Access | Get full text |
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Summary: | This study highlights the importance of using real-life values of agricultural equipment in real financial statements in medium-sized enterprises. The authors have adopted the essence of nature related to the estimation of agricultural equipment, that is, he has stated that in the agricultural production of transition countries, agricultural equipment has been used for more than five decades. This was a key assumption adopted by the authors of this study. In addition, the presentation of realistic financial statements should include an account of the real value of agricultural equipment, which essentially leads to a periodic fair valuation of agricultural equipment available to agricultural producers in transition countries. |
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ISSN: | 0554-5587 0554-5587 |
DOI: | 10.5937/PoljTeh2101001V |