TY  - JOUR
AU  - Savić, Bojan
AU  - Obradović, Nataša
PY  - 2020
UR  - http://aspace.agrif.bg.ac.rs/handle/123456789/5490
AB  - Biological assets are one of the characteristic positions in the financial statements of the entities in the domain of agro sectors. Its accounting treatment is accompanied by numerous challenges, notably because of the need to measure fair value accordance with IAS 41 - Agriculture, but also because biological assets can be very heterogenous in terms of race, life cycle stages, health status, productivity and more. In order to review and assess the situation in the financial reporting of biological assets in the Republic of Serbia, we conducted a survey of the financial reports of the entities in the field of agriculture and agribusiness. The paper highlights the key constraints that arise in relation to the financial reporting on biological assets, which can seriously impair the value relevance of financial informations.
AB  - Biološka imovina predstavlja karakterističnu stavku stalne imovine entiteta u domenu agrosektora. Njeno računovodstveno obuhvatanje praćeno je brojnim izazovima, pre svega zbog potrebe odmeravanja fer vrednosti na koju upućuje MRS 41 - Poljoprivreda, ali i zbog činjenice da biološka sredstva mogu biti veoma heterogena u pogledu rase, faze životnog ciklusa, zdravstvenog statusa, produktivnosti i drugo. U cilju sagledavanja i ocene finansijskog izveštavanja o biološkoj imovini u Republici Srbiji sproveli smo pregled finansijskih izveštaja domicilnih entiteta iz domena poljoprivrede i agrobiznisa. Rezultati istraživanja ukazuju na brojna ograničenja kada je reč o finansijskom izveštavanju o biološkoj imovini, koja značajno narušavaju pouzdanost prikazanih finansijskih informacija.
PB  - Centar za ekonomska i finansijska istraživanja, Beograd
T2  - Oditor
T1  - Challenges in financial reporting about biological assets
T1  - Izazovi finansijskog izveštavanja o biološkoj imovini
EP  - 21
IS  - 1
SP  - 7
VL  - 6
DO  - 10.5937/Oditor2001007S
ER  - 

@article{
author = "Savić, Bojan and Obradović, Nataša",
year = "2020",
abstract = "Biological assets are one of the characteristic positions in the financial statements of the entities in the domain of agro sectors. Its accounting treatment is accompanied by numerous challenges, notably because of the need to measure fair value accordance with IAS 41 - Agriculture, but also because biological assets can be very heterogenous in terms of race, life cycle stages, health status, productivity and more. In order to review and assess the situation in the financial reporting of biological assets in the Republic of Serbia, we conducted a survey of the financial reports of the entities in the field of agriculture and agribusiness. The paper highlights the key constraints that arise in relation to the financial reporting on biological assets, which can seriously impair the value relevance of financial informations., Biološka imovina predstavlja karakterističnu stavku stalne imovine entiteta u domenu agrosektora. Njeno računovodstveno obuhvatanje praćeno je brojnim izazovima, pre svega zbog potrebe odmeravanja fer vrednosti na koju upućuje MRS 41 - Poljoprivreda, ali i zbog činjenice da biološka sredstva mogu biti veoma heterogena u pogledu rase, faze životnog ciklusa, zdravstvenog statusa, produktivnosti i drugo. U cilju sagledavanja i ocene finansijskog izveštavanja o biološkoj imovini u Republici Srbiji sproveli smo pregled finansijskih izveštaja domicilnih entiteta iz domena poljoprivrede i agrobiznisa. Rezultati istraživanja ukazuju na brojna ograničenja kada je reč o finansijskom izveštavanju o biološkoj imovini, koja značajno narušavaju pouzdanost prikazanih finansijskih informacija.",
publisher = "Centar za ekonomska i finansijska istraživanja, Beograd",
journal = "Oditor",
title = "Challenges in financial reporting about biological assets, Izazovi finansijskog izveštavanja o biološkoj imovini",
pages = "21-7",
number = "1",
volume = "6",
doi = "10.5937/Oditor2001007S"
}

Savić, B.,& Obradović, N.. (2020). Challenges in financial reporting about biological assets. in Oditor
Centar za ekonomska i finansijska istraživanja, Beograd., 6(1), 7-21.
https://doi.org/10.5937/Oditor2001007S

Savić B, Obradović N. Challenges in financial reporting about biological assets. in Oditor. 2020;6(1):7-21.
doi:10.5937/Oditor2001007S .

Savić, Bojan, Obradović, Nataša, "Challenges in financial reporting about biological assets" in Oditor, 6, no. 1 (2020):7-21,
https://doi.org/10.5937/Oditor2001007S . .

TY  - JOUR
AU  - Savić, Bojan
AU  - Obradović, Nataša
AU  - Milojević, Ivan
PY  - 2019
UR  - http://aspace.agrif.bg.ac.rs/handle/123456789/5235
AB  - Circumstances, which include international trade intensification, development of various forms of business cooperation outside national borders-co-production, transfer of technology, joint ventures, strategic alliances, direct foreign investments, and dynamic changes in the business environment, require the management of a company to change their focus, from a local to a global approach. Multinational companies are business leaders in a global framework. The aim of this paper is to highlight the key challenges that multinational companies face when translating foreign currency transactions and the financial statements of foreign business operations for the purpose of compiling consolidated financial statements. In addition, the paper examines whether the chosen functional currency and the exchange rate can be viewed as instruments of their financial reporting policy.
AB  - Intenziviranje međunarodne trgovine, razvoj različitih oblika poslovne saradnje van nacionalnih granica - koprodukcija, transfer tehnologije, zajednička ulaganja, strategijske alijanse, strane direktne investicije, kao i dinamične promene poslovnog okruženja, zahtevaju da menadžment preduzeća preusmeri poslovno razmišljanje sa lokalnog na globalni pristup. Multinacionalne kompanije predstavljaju nosioce poslovanja u globalnim okvirima. Cilj rada je da ukaže na ključne izazove sa kojima se menadžment multinacionalnih kompanija suočava prilikom prevođenja transakcija u stranoj valuti i finansijskih izveštaja inostranog poslovanja za potrebe sastavljanja konsolidovanih finansijskih izveštaja. Dodatno, u radu se istražuje da li je izbor funkcionalne valute i kursa razmene moguće posmatrati kao instrumente politike finansijskog izveštavanja.
PB  - Univerzitet u Nišu, Niš
T2  - Facta universitatis - series: Economics and Organization
T1  - The key issues in the translation of the financial statements of multinational companies
T1  - Ključna pitanja prevođenja finansijskih izveštaja multinacionalnih kompanija
EP  - 195
IS  - 2
SP  - 183
VL  - 16
DO  - 10.22190/FUEO1902183S
ER  - 

@article{
author = "Savić, Bojan and Obradović, Nataša and Milojević, Ivan",
year = "2019",
abstract = "Circumstances, which include international trade intensification, development of various forms of business cooperation outside national borders-co-production, transfer of technology, joint ventures, strategic alliances, direct foreign investments, and dynamic changes in the business environment, require the management of a company to change their focus, from a local to a global approach. Multinational companies are business leaders in a global framework. The aim of this paper is to highlight the key challenges that multinational companies face when translating foreign currency transactions and the financial statements of foreign business operations for the purpose of compiling consolidated financial statements. In addition, the paper examines whether the chosen functional currency and the exchange rate can be viewed as instruments of their financial reporting policy., Intenziviranje međunarodne trgovine, razvoj različitih oblika poslovne saradnje van nacionalnih granica - koprodukcija, transfer tehnologije, zajednička ulaganja, strategijske alijanse, strane direktne investicije, kao i dinamične promene poslovnog okruženja, zahtevaju da menadžment preduzeća preusmeri poslovno razmišljanje sa lokalnog na globalni pristup. Multinacionalne kompanije predstavljaju nosioce poslovanja u globalnim okvirima. Cilj rada je da ukaže na ključne izazove sa kojima se menadžment multinacionalnih kompanija suočava prilikom prevođenja transakcija u stranoj valuti i finansijskih izveštaja inostranog poslovanja za potrebe sastavljanja konsolidovanih finansijskih izveštaja. Dodatno, u radu se istražuje da li je izbor funkcionalne valute i kursa razmene moguće posmatrati kao instrumente politike finansijskog izveštavanja.",
publisher = "Univerzitet u Nišu, Niš",
journal = "Facta universitatis - series: Economics and Organization",
title = "The key issues in the translation of the financial statements of multinational companies, Ključna pitanja prevođenja finansijskih izveštaja multinacionalnih kompanija",
pages = "195-183",
number = "2",
volume = "16",
doi = "10.22190/FUEO1902183S"
}

Savić, B., Obradović, N.,& Milojević, I.. (2019). The key issues in the translation of the financial statements of multinational companies. in Facta universitatis - series: Economics and Organization
Univerzitet u Nišu, Niš., 16(2), 183-195.
https://doi.org/10.22190/FUEO1902183S

Savić B, Obradović N, Milojević I. The key issues in the translation of the financial statements of multinational companies. in Facta universitatis - series: Economics and Organization. 2019;16(2):183-195.
doi:10.22190/FUEO1902183S .

Savić, Bojan, Obradović, Nataša, Milojević, Ivan, "The key issues in the translation of the financial statements of multinational companies" in Facta universitatis - series: Economics and Organization, 16, no. 2 (2019):183-195,
https://doi.org/10.22190/FUEO1902183S . .