IFRS for SMEs Agriculture and Biological Assets – 31 March 2025

Agricultural businesses and farms are major contributors to the economy, but accounting for biological assets under IFRS for SMEs can be a compliance nightmare. If you’re getting it wrong, you’re exposing your clients (and yourself) to financial misstatements, tax headaches, and potential penalties. This CPD session is designed to give you practical, no-nonsense guidance on how to apply IFRS for SMEs to agriculture without wasting time on theory that doesn’t impact your work

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Agriculture isn’t like other industries—its financial reporting has unique challenges, from the valuation of livestock and crops to revenue recognition and taxation. If you work with clients in farming, winemaking, or forestry, this session will equip you with the tools to get their financials right, ensure compliance, and position yourself as an expert in agricultural accounting. We’ll break down IFRS for SMEs Section 34 (Specialized Activities) in a way that makes sense—without the jargon.

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