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Get a solid introduction to accounts keeping with our farm finance online training. Photograph: Africa Studio/Shutterstock

Getting started with farm finance

Understanding key accounting terms and farm finances is a crucial skill for effective business management. Update your knowledge of important terms for business finances with our online learning.

Get a core understanding of common terminology and tools in farm accounting with our Essential Skills module.

Aims

By the end of this module, you’ll be able to assess current business performance and make better-informed business decisions by understanding:

The terminology used by an accountant and other industry professionals
The components of the profit and loss trading account
The components of the balance sheet 
How the production of accurate figures and business gross margins are essential for future business planning

Try our sample module FREE

You can access a sample module from this online training course completely FREE!

Simply fill the quick form in here and you can try some of our award-winning learning content, taken straight out of the Getting started with farm finances Learning Path.

Members can access the whole Learning Path, save their progress and receive a certificate when they complete the training, helping them evidence this and their other learning accomplishments in one place.

To access the award-winning Learning Hub, with bespoke learning recommendations - including the rest of this online learning, become a member today.

Get a better understanding of some of the core terms and tools used in farm finances.

Getting started with accounting terms and farm finances

Get to grips with common terms used in farm finances and the structure of a profit and loss account.

Overview

By giving you an understanding of the common terms and tools used in farm finances, our online training course can help you to make informed decisions about investments, expenses and resource allocation, ensuring the financial health of your operations.