Agricultural Accounting
This is a 10-minute introduction that form part of the Agricultural Accounting webinar.
To sign up for the full webinar head over to:
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Farming is a unique business undertaking with peculiar challenges. Very few types of businesses deal with living produce in the form of crops or livestock (biological assets). The transformation of these biological assets into agricultural produce makes agricultural businesses different.
How does a farmer value livestock at the end of a trading year? What about crops that are not yet ready for harvesting? Nutrients are taken out of agricultural land year in, year out; does the farmer depreciate it in the books? These simple examples give you an indication of the uniqueness of accounting for farming businesses.
This webinar is presented by Caryn Maitland CA (SA), RA and hosted by SA Accounting Academy.
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This is a 10-minute introduction that form part of the Agricultural Accounting.
To sign up for the full webinar head over to:
