Accounting for pre-cropping expenses in plantation companies / Sutor Daong and Sutar Daong

• Main Authors: Daong, Sutor, Daong, Sutar
• Format: Student Project
• Language: English
• Published: 1986
• Subjects: H Social Sciences (General); Study and teaching. Research
• Online Access: https://ir.uitm.edu.my/id/eprint/93187/1/93187.pdf; https://ir.uitm.edu.my/id/eprint/93187/
• Institution: Universiti Teknologi Mara

The author's association with the plantation industry for quite a number of years has given him a compelling reason for attempting this subject for the topic for this project paper. The research initially was exploratory in nature. As the research progressed new findings set a new direction on the study objectives altogether; from one that is exploratory in nature to one that is prescriptive. The issue now lies with the variety of opinions expressed by the people in the industry regarding the implementation of the Accounting Standard. Very little is written about the subject of accounting for pre-cropping expenses and probably it was due to this reason that there are variations in the applications of accounting principles in the treatment of these expenses. The problem is of great significance to the users of financial information of these plantation companies especially those that are listed in the KLSE. These companies mainly have big asset holdings in land and plantations. This project paper is also viewed as an opportunity to look at the subject closer.