Accounting Measurement of Biological Assets under the Adaptation of the Financial Accounting System: An Analytical Field Study in Algeria

Abstract

This article examines the extent to which Algeria’s Financial Accounting System accommodates the particular characteristics of agricultural activity, especially the measurement of biological assets at what the authors describe as real value as an approximation to IAS 41 requirements. It also investigates the regulatory, market and professional obstacles to the practical implementation of modern measurement. The findings reveal a positive perception of the accounting framework’s recognition of agricultural characteristics, alongside significant implementation problems. The study uses arithmetic means and one-sample t-tests to analyse questionnaire responses and test its hypotheses.