Application of international accounting standard-16 in a public company with predominantly agricultural activities

Abstract

This work suggests the existence of a number of advantages for companies that have opted for the application of International Accounting Standards. Their application allows fair reporting, which is extremely important for countries in transition, as well as for those countries that have not applied IAS. The authors carried a study related to full application of IAS 16 to 114 companies, of which 10 are public and 104 other companies are from the wider area of Novi Sad, in the period 2010-2015. In addition, the study of the case of public companies is done in order to demonstrate the situation before and after the valuation of assets and equipment as at 30 June 2012. The state after 3 years is fairly shown on 30 June 2015, all in order to make valid conclusions regarding fair reporting of the public enterprises. It can be concluded that the application of IAS 16 has multiple benefits by companies that fully apply fair reporting in its operations. JEL CLASSIFICATIONS G32; G39; Q56ARTICLE HISTORY

Management by respecting the provision of conditions for the commencement of procurement and monitoring of implementation in agricultural enterprises

“…Two frames were set up, firstly by analyzing the provision of conditions for starting the input in the company and monitoring the realization of the procurement. After the test, the author presented over three tables (1)(2)(3). Is the individual procurement in the quarterly procurement report of the company?…”

“…Managing an enterprise requires combining different ways of improving work within the company itself. This changes the comprehensive working conditions of a large number of entities [1], which undoubtedly influences the changes in property values [2].…”

Internal and external audit as a factor in improving the management of the agricultural enterprise

“…A comprehensive review of agricultural production [1] should indicate some of the key economic governance factors [2,3,4,5] in order to achieve increased effects. This is particularly important in agriculture as a low accumulative activity.…”

Management services with respect to the new approach PVC packaging in the agricultural enterprises with agro-ecological aspects

“…A new approach to managing the economy of the Republic of Serbia is based on economic development, where agricultural production has its important place. More and more authors observe multidisciplinary processes, for example in agriculture, observation is made in the context of socio-economic processes [1], but the observation is made from the ecological [2], technical technological and others.…”