article thumbnail

ADM delays annual report, warns on internal controls

Accounting Today

The Chicago-based agricultural commodity trader said the issue with internal controls relates to the way it reports sales between segments.

article thumbnail

Accounting in farming

Martin Quinn

Of course, as many farmers know, today profits are less from growing or rearing, and more in things like direct sales through farm shops or other items like tourism. This made me think about what we teach (or do not) about accounting for farming. I have never been taught or have I taught IAS 41 Agriculture.

Account 52