Description
Introduction
Audio-visual methodology
is aimed at supporting and empowering people involved in the field of
agriculture to define, promote and take full ownership of their own
development, as learning is a life-long process.
Skills development is a key driver of socio-economic development. Mainstreaming
of agricultural development efforts is crucial to ensure congruence and
effective deployment of resources.
Financial management is essential to enable a farmer to study optimal
functions. We work in a rapidly changing environment and it requires a lot of
input, especially from the production side. A farmer faces day-to-day
challenges and in the changing environment, his focus is greatly diversified.
Who Should Enrol
All people involved in
the field of agriculture
Course Design
A way to bolster
agricultural production is to develop practical agricultural education systems.
A powerful way of doing this is through the use of audio visual modules which
is a highly effective and tested methodology to approach, examine and impart knowledge.
This is a comprehensive
series of modules that follow a step by step process and can be used in group
training or self study – and are structured according to visual training
guidelines. This implies defining most of the terminology used and where necessary,
supporting the visual storyline with graphics and animation to enhance the
learning process and ensure that sustainable knowledge is gained in the
learning process.
These modules are
designed to do precisely what they are meant to do – and that is to support
skills development. Online Video Series Supporting Agri Skills Development and
Best Farming Practices.
Course Content
This course covers the
following topics:
- Introduction to Financial
management - Functions of financial management
- Business Enterprises
- Elements of Financial Management
- Statements of Cash flows –
Elements - Statement of Cash flows – Inflows
and outflows - Cash Flow Budgeting
- Statement of profit and loss and
other comprehensive income 1 - Statement of profit and loss and
other comprehensive income 2 - Introduction to the Statement of
financial position - Statement of financial position
- Statement of financial position –
Components
Learning Outcomes
Why is financial
management important?
Financial management is not only the link between the various components of a
farm but an instrument that enables the farmer to not only manage his business
profitably but also keep the risks as low as possible.
On completion of this
video series, candidates will be able to have a better understanding of the
main functions of financial management including the following:
- Budgeting
- Recordkeeping
- Analysis and planning
- Are you using your assets
optimally? - Understand the cost elements
- The importance of a cash flow
statement and cash flow budget - The financing decision
- Income statements
- Balance sheet