Module 2 Learning Objectives

In this module, you will learn about the farm business financial management model, and how the model can help you in making the best decisions for your farm business. You will learn about farm records and other tools to assist in creating management reports to make sound financial decisions. You will also be provided an overview of management reports that you can use for decision-making. 

After completing this module, you should be able to:

• Identify the order of the farm financial model flow.
• State three sections of the financial model.
• State possible methods of recordkeeping.
• List accounting systems. 

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