ANTICIPATED SALES OF COMMODITIES: REGISTRATION AND FLOW IN RURAL ACCOUNTING

Resumo

Anticipated sales of commodities are specific transactions, and there are various instruments for the transaction of such commodities, such as fixed term contracts, futures, options, swaps, Rural Product Certificate. Usually, studies in Accounting of biological assets focus on the measurement of equity and result without considering the anticipated sales operations. This article aims to propose an accounting flow to the measurement and disclosure of agricultural commodities in the context of these transactions, based on the fair value (IAS 41). We used the multiple cases study, applying the collection procedures with farmers in the Southern Cone of Rondônia, namely: interviews, documentary research and direct observation. As a result, we propose a flow of records and disclosure model for antecipated sales of production of a commodity, where the biological asset was measured at fair value. The model can be extended to other commodities.