Farm Management Systems B develops understanding of hill country and light land, beef, goat, deer, dairy, arable and forestry systems involved in Aotearoa New Zealand agriculture, including products and marketing options. It covers budgeting, investment analysis, recording and financial accounting systems, and financial management in agriculture. Students learn processes involved in purchasing, financing, observing, recording, interpreting and analysing physical and financial data for farms. The course includes preparing cash budgets, cash flow statements, investment analyses and written reports on management systems and financial arrangements.

Course Content

• Principles of financial management in agriculture

• Investment analysis

• Land purchase and financing

• Debt servicing and accounting

• Pastoral and arable systems in New Zealand agriculture

• Hill country and light land systems

• Beef, goat, deer, dairy, arable and forestry systems

• Budgeting and financial accounting systems in agriculture

• Recording and analysing farm physical and financial data

• Cash budgets and cash flow statements for agricultural enterprises

• Investment viability analysis

• Preparation of written reports on enterprise and management systems