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Agricultural Financial Systems IIIA - AES3701
Diploma Semester module NQF level: 7 Credits: 12
Module presented in English Module presented online
Pre-requisite: AES2601 & AES2602
Recommendation: AES1501, AES1502, AES2601 & AES2602
Purpose: The purpose of this module is for agribusiness owners and agricultural managers to obtain knowledge about generally accepted and harmonised accounting practice statements for the agribusiness, the financial statements that must be compiled for accounting purpose and to analyse financial statements using ratios to determine the financial position of the agribusiness. This will assist them to prepare and use a financial systems approach for their operations. Those who achieve this module is expected to improve manager decision-making by providing a better understanding of the value of constructing financial statements and planning budgets to help them manage risks associated with the financial aspects specific to the agriculture industry.