MANAGEMENT OF FARMS
Need For Better Accounting
(New Zealand Press Association) WELLINGTON, August 28.
Many of the annual accounts prepared for farmers were not much of an aid in the management process: they were little help in pinpointing weaknesses in a farm enterprise, said Mr R. H. Scott, land utilisation officer, Department of Agriculture, at the Victoria University accountancy seminar today. Farm management really involved three stages: a consideration of the present position of the farming business, the interpretation of information to show weaknesses, and the preparation of a plan to overcome the weaknesses.
The farm business method in farm management work was still in its infancy in New Zealand. The help of public accountants was necessary and the work must expand if New Zealand farming was to attain a high degree of efficiency. Farm accounting text books assumed that if a farmer read them he could be turned, overnight into an accountant, but Mr Scott said his experience was that most New Zealand farmers were neither qualified, nor temperamentally willing, to become their own accountants.
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Press, Volume XCVIII, Issue 28986, 29 August 1959, Page 15
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176MANAGEMENT OF FARMS Press, Volume XCVIII, Issue 28986, 29 August 1959, Page 15
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