Take control over your farm's management and finances. Position yourself better for the future. Upon completion of the course you will receive a certificate as well as a FREE 30-minute online consultation with the course facilitator - an opportunity not to be missed.

What you will learn through this course:

Module 1: Farm Management Principles

Objectives of the module:

• Explain the concept of farm management and financial management
• Discussion of the scope of the management function
• Identification of the tasks of financial management

Module 2: Budgeting as a function of planning

Objectives of the module:

• Explanation of the term budget and why it is important for planning
• Discussion on the different types of budgets
• Identification of the steps to draw up a budget
• Explanation of the basic elements of a budget

Module 3: Farm Financing

Objectives of the module:

• Why there is a need for financing?
• Different financing products
• Repayment ability
• Identification of capital requirements

Module 4: Farm Recordkeeping

Objectives of the module:

• Explain why recordkeeping is important
• List the different types of records and its purpose

Module 5: Financial Statements

Objectives of the module:

• Discuss the purpose of Financial Statements 
• Discuss the Income Statement, Balance Sheet and Cash Flow Statement
• Discuss financial analysis and interpretation of Financial Statements

Module 6: Taxation

Objectives of the module:

• Introduction to taxation and its purpose
• Discuss the different types of tax

Module 7: Principles of Agricultural Economics

Objectives of the module:

• Discuss the term agricultural economics
• Illustration of the production function
• Explanation of the different costing principles

[ This course is introductory, so it does not cover all the topics in great detail.]