Financial & Farm Accounting

This module covers various aspects of farm and financial income, reporting and planning.

1.  Discuss the nature, purpose, role, and importance of accounts and accounting, from a user perspective.

2. Record financial transactions using double-entry systems.

3. Prepare trial balance and correct errors.

4. Prepare final accounts for sole traders and farmers.

5. Interpret, evaluate, and use accounting information at an introductory level and be able to apply simple analytical techniques.

6. Recognise the value and limitations of accounting information.