Title AGRO-JRP : Piloting Job Rotation Programme for Employment Development in Agriculture Sector
Project Number 2013-1-TR1-LEO05-47600
Product PRINCIPLES AND APPLICATIONS OF AGRICULTURAL ACCOUNTING
Title PRINCIPLES AND APPLICATIONS OF AGRICULTURAL ACCOUNTING
Product Type material for open learning
Capital Structure: the ratio of borrowed capital (loans) and own funds in an enterprise. This ratio shows whether an enterprise is independent from the aspect of capital or requires external loans.
Agricultural Operation: an economic unit that has a specific quantity of production factors which it utilizes with certain production sectors for ensuring a satisfactory income.
Description This unit presents the main concepts of monitoring the accounts of an agricultural unit. The single-entry, double-entry and improved single-entry bookkeeping system for monitoring accounts are analyzed and the advantages and disadvantages of each one are presented. The three most popular systems of accounting are examined, the cases where each one is used as well as the books that are kept.
Target group For Agricultural Enterprise Staff
After completing this unit, the trainees:
⇒ Will know the basic concepts and the content of accounting
⇒ Will realise the value of the correct and systematic monitoring of accounts
⇒ Will be in a position to select the method for monitoring the accounts of their agricultural operations
⇒ Will recognize the accounting books and the reason for keeping each one
⇒ Will know about the three basic accounting systems and based on the size of their agricultural operation they will be able to select which to apply
Area of application Agricultural Sector
Product Languages English