APPROVED FOR TVET COLLEGES BY THE DEPARTMENT OF HIGHER EDUCATION AND TRAINING The aim of Farming Financial Management is to provide farm managers and students with knowledge and understanding of the financial planning process in a farming context, as well as production economy principles and cost concepts. It is important to understand how to prepare and analyse financial statements, and this textbook expertly lays out the fundamental principles of basic accounting. The textbook outlines a set of steps and, more importantly, highlights many of the considerable farm management, accounting and financial resources available.