About this E-Learning Course

This course provides an overview of how an entity should account for its agricultural activities. It is relevant for entities that hold agricultural assets or agricultural produce and are required to prepare financial statements in accordance with Australian Accounting Standards. The course is broken down into the following topics:

  • Overview of the scope and key definitions included within the standard

  • The recognition and measurement requirements for agricultural assets and agricultural produce

  • Accounting for government grants related to biological assets, and

  • Presentation and disclosure requirements for agricultural assets and agricultural produce.

Course curriculum

  • 1


    • Welcome!

    • Scope & definition

    • Recognition and measurement

    • Government grants related to biological assets

    • Presentation & disclosure

How this course can help your business

Agricultural assets and agricultural produce must be accounted for in accordance with the requirements of IAS 41. This course will help you to identify agricultural assets and agricultural produce as well inform you of how to recognise and measure a biological asset or agricultural produce up until the point of harvest.

Meet your course instructor

IFRS Instructor

Aletta Boshoff

Aletta is an Advisory Partner and National Leader of IFRS & Corporate Reporting at BDO in Australia. Aletta has over 25 years’ experience in financial reporting and accounting, including IFRS. Aletta has lectured on financial accounting and reporting, auditing and assurance and taxation at various Australian and South African universities. As an Associate Professor, she authored various financial reporting and accounting textbooks. Aletta also spent several years as a Project Manager at the Australian Accounting Standards Board (AASB).