Publisher's Synopsis
At a time when sugar cane farms worldwide are suffering from poor profitability, management accounting can provide a set of tools with which to boost revenue and keep costs under control. Management accounting is concerned with the provision of the financial information necessary for managers to plan and control their businesses, with the techniques to be used to produce this information and with its interpretation. Although there are many excellent books on management accounting in general, there are few, if any, that deal specifically with the management of sugar cane farms. The main objectives of this book are: to show how the tools and techniques of management accounting may be applied to the problems of the sugar cane industry; to provide a guide to the interpretation of management accounting information as a prelude to decision-taking; and to warn against the pitfalls of a literal interpretation of such information in an agricultural context. The book assumes no prior knowledge of accounting and contains numerous examples which make it easier to understand the principles and techniques discussed.
