UNDERSTANDING THE FINANCIAL REPORTING OF AGRICULTURE ACTIVITIES: AN IMPORTANT SECTOR INDUSTRY IN ORDER TO PROMOTE THE SUSTAINABLE DEVELOPMENT

J.G. de la Vega Meneses, M.J. Rivero Villar, X. Delfin Besares, N.D. Osorio Clemente

Universidad Popular Autonoma del Estado de Puebla (MEXICO)
The agriculture industry is essential for the functioning of the economic system of the present, and the well functioning of this kind of industry is taken into account in any strategies that promotes sustainable development and to combat the hunger.

In this industry biological assets are involved. These assets are plants and animals that are able to experience biological changes and are able to give agricultural products.

Globally there are several key factors for a successful development of agriculture, such as: agro-ecological conditions and regional characteristics; the regulatory environment; access to markets; access to land and natural resources; access to technology; access to financing; demographic, economic and socio-cultural conditions; and the availability of education focused in agriculture.

The development of the agricultural sector is intrinsically linked to contribute to world food security, given that its optimum performance contributes to provide a balanced diet for people, contributes to the protection of biodiversity, and contributes to the sustainable use of natural resources.
This research is useful to deepen the understanding of this kind of industry, explaining about important aspects of the operations of agriculture activities. This is a documentary research developed through the inquiry of financial information and through the practices described in the annual reports of major companies in this sector, such as: Monsanto, Adler Seeds, Agrium, Chiquita Brands International, and so on.