THEORETICAL FRAMEWORK
Reference (Accounting and Financial Association of Australia and New Zealand, 2011) referred to note
of KPMG about the complexity of asset evaluation, saying that “biological assets covers a diverse range of
economic sectors, breeds, classes and varieties of assets, including geographical locations.” The significant
tools for the transition of agricultural accounting are those of providing a logical basis for accounting education,
strengthening professional adaptability, facilitating the implementation of methodologies and training the
experts of this particular field (Argiles & Slof, July 2000).