IAgSA Farm Accounting and Rural Business Administration Training Programme

The work undertaken by a farm administrator, a farmer or an accountant requires a level of understanding of issues, rules & regulations and terminology that is unique to agriculture. For those without this experience or who would like to have their knowledge level recognised, IAgSA has developed a series of training modules collectively known as Farm Accounting and Business Administration. Details of the modules (Units 1 to 4) are below and they are accredited by UK Rural Skills.

Unit 1 - Farming Knowledge (1 day) £200.00

This course enables participants to gain an understanding of the farming terminology and an awareness of agricultural practices and issues.

This unit is designed for: Farm administrators who would like to understand more about their farm clients' agricultural businesses, or for learners wishing to gain a deeper understanding of agriculture.

Aims: Farm administrators will be able to understand farming in a broad context and recognise different farming enterprises and systems as used by individual farmers in their day-to-day business.

Unit outcomes:
1. Gain a knowledge of the changes and pressures within the agricultural industry from the introduction of CAP to the rural economy as it is today
2. Recognise the importance of farm bio-security and health & safety relevant to the role of a farm administrator
3. Demonstrate knowledge of agriculture, farm types and activities within the farming calendar
4. Recognise and use farm data to produce farm efficiency and performance measurements, enterprise gross margins and whole farm analysis.

Check available Training Programme dates for this unit

Unit 2 - Farm Record Keeping for Livestock and Crops (1 day) £200.00

This course helps participants to understand the physical and legislative record keeping requirements of a farm business.

This unit is designed for: Bookkeepers and administrators who are looking to gain farming knowledge relating to the production of farm accounts and the maintenance of farm records.

Aims: This unit will enable participants to gain knowledge of the physical and legislative record keeping requirements of a farm business, in particular the requirements for cross compliance and farm assurance.

Unit outcomes:
1. Identify the record keeping requirements for a livestock (cattle and sheep) and arable farm
2. Maintain a recording system for a farm business to satisfy the requirements of assurance schemes and cross compliance regulations.

Check available Training Programme dates for this unit

Unit 3 - Financial Recording for the farm business (2 days) £350.00

This unit enables you to create, maintain and complete farm financial records as required by the accountant in order to produce the year-end accounts.

This unit is designed for: Bookkeepers and administrators who are looking to gain farming knowledge relating to the production of farm accounts. Please note: This unit requires previous bookkeeping experience, including at least a basic understanding of Microsoft Excel.

Aims: This unit will enable learners to create, maintain and complete farm financial records as required by the accountant in order to produce the year-end accounts.

Unit outcomes:
1. Create a cash accounting system to produce financial farm records within the farming business
2. Maintain a cash accounting system suitable for a farming business to enable the completion of year-end accounts
3. Prepare information required for VAT reporting to HMRC.

Check available Training Programme dates for this unit

Unit 4 - Farm Office Organisation & Administration (1 day) £200.00

Participants can gain a greater understanding of the requirements of becoming a farm administrator or bookkeeper (employed or self-employed). This includes the implementation of effective systems and procedures in the farm office and how to meet the requirements of legislation, including the maintenance of employment and health & safety records.

This unit is designed for: Farm administrators who would like to understand more about their farm clients' agricultural businesses and learners wishing to gain a deeper understanding of agriculture. Aims: This unit will enable participants to: understand the steps required to become a farm administrator (employed and self-employed); implement effective systems and procedures in a farm office; and to meet the requirements of legislation, including the maintenance of employment and health & safety records.

Unit outcomes:
1. Awareness of the employment requirements, associated regulations and recommended good practice when becoming a farm administrator (employed or self-employed)
2. Recognition of the importance of a well-organised office, including having the necessary systems in place to ensure that the record keeping requirements of the farm business and regulatory/legislative and assurance scheme bodies are achieved in a correct and timely manner
3. To have a basic understanding of factors relating to employment law: equal opportunities, recruitment, employment dismissal procedures, pay slips, contracts of employment and redundancy
4. To be able to calculate gross pay using the National Minimum Wage Rate and the Agricultural Wages Order (AWO) - and to have a knowledge of the operation of basic PAYE within a farming business
5. To be able to implement a basic recording system for an individual farming business to comply with health & safety legislation.

Check available Training Programme dates for this unit

Unit 5 - Preparing and Understanding your Year End Accounts/Cashflow, Forecasting and Budgeting (1 day) £175.00

Candidates on this unit will learn to understand what the accountant will need from you for year end and how to read the year end accounts from the accountant. It focuses on creating a cashflow budget and looks at the different styles of reporting for budgets.

This unit is designed for: Farm Administrators who want to understand more about how to prepare their accounts for submission to the accountant and preparing a cashflow budget and producing budget reports.

Aims: This unit will enable participants to understand what the accountant may need for the year end submission of accounts, understand and calculate depreciation and accruals and prepayments, prepare a draft set of accounts, profit & loss, balance sheet, understand and calculate ratios to assess the performance of the business. It will also enable them to understand where to collect the information from to create a cashflow budget, understand the steps required to produce the budget, look at the styles of reporting for budgets, understand the variances of actual to budget, produce a budget using the information provided.

 Unit Outcomes:
1. Understand what the accountant needs at year end and the principles of accruals/prepayments and depreciation
2. Create draft Profit & Loss and Balance Sheet statements
3. Understand the factors used to create a budget
4. Create a cashflow budget
5. Produce differing styles of budget
6. Report variances from the budget

Check available Training Programme dates for this unit

Need some advice?

Please contact our team if you have any questions about our training programme or if you need help in choosing or booking training units.