Accounting Of Products Collected From Nature

Abstract

Products from nature can be classified as “production” or “collection from nature” within agricultural production. Products collected from nature vary in type and can sum up to important quantities. Thyme, mushroom, chestnut, sage, linden, saffron from plant origin can be given as examples to products from nature as well as fish, mussel, octopus, birds from animal origin. This study covers the accounting area of products obtained from nature. The evaluation of collection of these products from nature in terms of agricultural operation poses great importance for accounting issues. Thus, special care will be given to issues of accounting of these products within the scope of Turkish Tax Legislation and Turkish Accounting Standards.