MFRS 141 Agriculture was issued by the Malaysian Accounting Standards Board (MASB) which

comprises standards as issued by IASB are effective on 1 January 2012. MFRS 141 now requires
biological assets and agriculture produce to be measured at fair value through profit and loss.
However, measuring fair value poses significant challenges due to the inherent risk in using
judgement that can be construed as providing subjective rather than objective financial information.