Professional Documents
Culture Documents
a) capability to change
b) management of change
c) measurement of change
LUMALAKI
TUMATANDA
MANAGEMENT OF CHANGE
- the agricultural activity must be
"managed" to facilitate biological NAGPAPARAMI
transformation by enhancing or
at least stabilizing conditions nece-
sarry for the process to take place.
Agricultural Activity
- raising livestock
-forestry
-annual or perennial cropping
-cultivating orchards and plantation
-aquaculture and floriculture
MEASUREMENT OF CHANGE
- The change in quality or quantity
brought about by biological trans-
formation or harvest is measured
and monitored as a routine.
management function.
PAS 2 (Inventory)
Initally- FV- Cost of disposal
Subsequentrly- LCNRV
Consumable Biological Asset
- those that are to be harvested as
agricultural produce or sold as
biological asset
(kinatay ang baka para mabenta
o ito ay pinapatay na magreresulta
sa pagkawala nang asset)
Physical Change- ( Price end, End Age - Price end, Beg Age) x qty
+ fair value less cost of disposal of NEWBORN
the assumption is: DIFFERENT AGE ; same date (year end)
Price Change: Physical Change:
Cows ( 18,000 - 15,000) * 100 = 300,000 Cows (24,000 - 18,000) *100 = 600,000
New born ( 5,000-4,000) *20= 20,000 New born (7,000 - 5,000) * 20 = 40,000
320,000 @ BIRTH ( 20 calves * 4k ) 80,000
720,000
1,040,000
biological
ppe
ppe
ppe
PPE
Biological
biological
agricultural / inventory
biological