Given the importance of accounting pronouncement CPC 29 in the treatment of biological
assets in the agricultural sector, research on biological assets in Brazilian agricultural
cooperatives is conducted to analyze the measurement, valuation methods and classification of
biological assets in the financial statements. published by Brazilian cooperative societies.
Therefore, it is necessary to describe particularities of accounting technical standards, CPC 29;
demonstrate the measurement and valuation method used for biological assets in 14
cooperatives listed among the Forbes Magazine's fifty largest Brazilian companies year 2018;
and evaluate the classification of biological assets, based on financial statements published from
2009 to 2018. Then, a qualitative and descriptive research is carried out, with comparative
method and for data collection the documentary analysis. Given this, it appears that most
cooperatives measure their assets at fair value, evaluate their biological assets at cost. In the
period and in the cooperatives surveyed, it was observed that the description of biological assets
was not treated according to the pronouncement, which requires the finding that a deeper
approach to the aspects of the CPC is made 29.
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