Agricultural Accounting: Second Edition

Author: Steven Bragg


Book Description
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. [219 pages]

Table of Contents

Part I - Overview of Agricultural Accounting
Chapter 1. Introduction to Agricultural Accounting
Chapter 2. Accrual and Cash Basis Accounting
Chapter 3. Accounts
Chapter 4. Accounting Transactions

Part II - Specific Topics
Chapter 5. Receivables Accounting
Chapter 6. Investment Accounting
Chapter 7. Inventory Accounting
Chapter 8. Fixed Assets and Depreciation
Chapter 9. Non-Current Farm Assets
Chapter 10. Payables Accounting
Chapter 11. Debt Accounting
Chapter 12. Income Taxes
Chapter 13. Derivatives and Hedging Transactions
Chapter 14. Cooperative Accounting
Chapter 15. Revenue Recognition 

Part III - Financial Statements
Chapter 16. Financial Statement Preparation
Chapter 17. Financial Statement Disclosures

Part IV - Financial Analysis
Chapter 18. Farm Financial Analysis