Charting the Landscape of Biological Asset Accounting Research: A Bibliometric Analysis

The accounting treatment of biological assets has gained increasing attention following the introduction of fair value measurement requirements under the International Accounting Standard 41 (IAS 41). This study aims to explore the evolution and intellectual structure of research related to biological assets through a bibliometric analysis approach. Using the Scopus database, publications from 2007 to 2026 were collected and refined to obtain 112 relevant studies associated with accounting standards, agricultural accounting and agricultural production. The analysis evaluates publication trends, leading authors, influential journals, institutional affiliations, contributing countries and document types. The results show a steady growth in research output over time, with notable concentration in specific regions, particularly Brazil and within specialized academic journal. Journal articles represent the dominant form of dissemination, indicating strong emphasis on empirical analytical research. The finding highlights the expanding relevance of biological assets reporting and reveals research gaps that encourages further international and interdisciplinary studies addressing valuation, disclosure, and reporting challenges under IAS 41.

Biological assets; IAS 41; Accounting standards; Agricultural accounting; Agricultural production.

1. Alfarisyi, N., Diantimala, Y., Yahya, R., & Saleh, M. (2022). Biological Assets and Firm Value: Do Fair Value Measurement and Disclosure Matter. Jurnal Dinamika Akuntansi Dan Bisnis, 9(2), 205-222. [Google Scholar] [Crossref]

2. Aliberch, A. S., & Blandón, J. G. (2012). A comparative study of difficulties in accounting preparation and judgement in agriculture using fair value and historical cost for biological assets valuation. Revista de Contabilidad, 15(1), 109-142. [Google Scholar] [Crossref]

3. Campos-Llerena, P., Arias-Pérez, M., Toscano-Morales, C., & Barreno-Córdova, C. (2024). Biological assets in agricultural accounting: A systematic review of the application of IAS 41. Journal of Risk and Financial Management, 18(7), 380. [Google Scholar] [Crossref]

4. Gonçalves, R., Lopes, P., & Craig, R. (2017). Value relevance of biological assets under IFRS. Journal of international accounting, auditing and taxation, 29, 118-126. [Google Scholar] [Crossref]

5. Herbohn, K., & Herbohn, J. (2006). International Accounting Standard (IAS) 41: what are the implications for reporting forest assets?. Small-scale Forest Economics, Management and Policy, 5(2), 175-189. [Google Scholar] [Crossref]

6. Kadri, M. H., Amin, J. M., & Bakar, Z. A. (2023). Examining the value relevance of biological assets and their fair value change in Malaysia. International Journal Of Academic Research In Accounting, Finance And Management Sciences, 13(1), 562-571. [Google Scholar] [Crossref]

7. IFRS Foundation. (2023). International Accounting Standard 41: Agriculture. https://www.ifrs.org/content/dam/ifrs/publications/html-standards/english/2023/issued/ias41.pdf [Google Scholar] [Crossref]

• Financial Technology (Fintech): Current Research at The Cutting Edge
• Reforming Corporate Governance in Malaysia to Address Fraudulent Financial Reporting Cases
• Stock Market Efficiency and Economic Diversification in Nigeria and South Africa
• Financial Stability and Financial Performance of Small and Medium Tiered Deposit Taking Savings and Credit Cooperatives in Kenya.
• Regulator Sandboxes for DeFi: A Comparative Analysis of Policy Effectiveness in the EU, US, and Asia Pacific