Agricultural Accounting A Practitioner’s Guide
Agricultural Accounting A Practitioner’s Guide by Steven M. Bragg, published by Accountingtools, Incorporated on August 6, 2016, is a comprehensive resource for understanding the accounting practices specific to farms, ranches, and related businesses. This 228-page guide aims to clarify accounting concepts while providing practical examples and demonstrating how to construct and operate an effective accounting system tailored to the agricultural sector.
Readers will find detailed discussions on unique aspects of agricultural accounting, including special valuation rules for inventory, hedging transactions, and the intricacies of dealing with cooperatives. The book also addresses the recording of non-current farm assets, making it a valuable desk reference for those involved in agricultural operations. With its focus on the specific needs of the industry, this guide serves as a practical tool for practitioners seeking to enhance their accounting knowledge in the agricultural context.
Official synopsis Publisher
Agricultural Accounting addresses every aspect of the accounting that one might encounter in a farm, ranch, or related business. The intent is to not only explain accounting concepts, but also to provide examples and show how an accounting system can be constructed and operated. The book pays particular attention to unique aspects of agricultural accounting that are not encountered in other industries, including special valuation rules for inventory, hedging transactions, dealing with cooperatives, and recording non-current farm assets. In short, this book is an essential desk reference for anyone engaged in agricultural operations.
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