Comparison of TAS 41 agricultural activities standard and uniform calculator: Example of sugar beet

Agricultural activities make great contributions to our country economically and socially. Providing the basic needs of people from agricultural products has made agricultural activities important for our country. In this case, in the process from the 2000s to the present day, it has transformed the agricultural enterprises from being a family business into enterprises in which modernization is at the forefront. The modernization of businesses has caused the current accounting system, the Uniform Chart of Accounts, to be insufficient. As a result of this, on 31.12.2005, Turkish Accounting Standards No. 41 Agricultural Activities Standard started to be implemented in our country. With the Turkish Accounting Standards, changes have emerged in the accounting system and the deficiencies in the Uniform Chart of Accounts have been tried to be eliminated. One of these changes was realized in the agricultural activities standard. In the study, there are explanations and examples on the measurement, valuation and accounting of biological assets, which are the subject of agricultural activities, within the scope of the Uniform Chart of Accounts and Turkish Accounting Standards. In the study, the accounting records and financial statements of a Sugar Beet Production Enterprise in terms of "TAS 41 Agricultural Activities Standard" and "Uniform Chart of Accounts" the procedures and principles used in the accounting of the sugar beet production process, and the differences between the two accounting systems were tried to be revealed.