Study improves farm management knowledge in farmers, suggesting practical application of financial concepts.
Farmers realize the importance of farm records in the day-to-day management of their businesses, but for a number of reasons they fail to use their basic records for management purposes. The Tuscarawas County office of Ohio State University Extension, along with two local lenders and the local Career Center, developed a financial records short course to teach farm managers about the basic financial statements. The five- week course included lecture, discussion, and practical hands-on application using a sample farm. Based on a pre-test/post-test, participants indicated an increase in knowledge and stated they could apply the concepts taught in the workshop to their own farm records.
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Christopher T Zoller (2000) studied this question.
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