Agricultural accounting : a practitioner's guide / by Steven M. Bragg

Includes index

Agricultural accounting applies to a large part of the economy, since it includes breeding animals, growing fruits and grains, operating dairies and plant nurseries, raising fish, and so forth. There are a number of unique aspects to 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 Agricultural Accounting, we address 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.