FARM MANAGEMENT AND ACCOUNTING

Catalog description

Two hours of lecture and one three-hour laboratory per week. Use of economic principles and farm records in the organization and management of a farm business. Includes methods of keeping and analyzing farm records, farm inventory, income and net worth statements, receipts and expenses records, production records, income tax returns; use of economic principles and of records in budgeting; and analysis of aspects of the problems of risk and uncertainty in agriculture. Emphasis is placed on decision-making.