Product Description
Text developed for the first course in farm management, typically taken by a junior/senior level student. It is designed to introduce students to the key concepts on how to effectively manage a farm business.
From the Publisher
NEW! Chapter on "Farm Management in the 21st Century" moved from end of book to the beginning. Now the 1st Chapter in the book.
New Chapter! Chapter 4 on "Asset Valuation and Depreciation"
New Boxes offer more complete explanations of some topics as well as the use of case studies to illustrate concepts.
More emphasis on Strategic Planning in chapter 1
"Chapter Objectives", "Chapter Summaries", as well as "Questions for review"... continued on in the new edition as well.
Terminology and Guidelines in Part 2, (the accounting section), are based on standards maintained by the Farm Financial Standards Council.