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Integrated Farm Financial Statements (IFFS): A Farm Business Planning Tool

Published online by Cambridge University Press:  28 April 2015

Damona Doye
Damona Doye*
Affiliation:
Oklahoma State University, Department of Agricultural Economics, Stillwater, OK
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Abstract

Integrated Farm Financial Statements (IFFS) software was developed as an M.S. thesis project in the mid-1980s and was immediately put to use as a tool for business planning in one-on-one work with Oklahoma producers through the Intensive Financial Management and Planning Support project. An updated IFFS continues to be used with producers to project financial statements for 1–3 years. Strengths and weaknesses in the software and extension program are noted, along with components that might serve as a model for other programs. Links with research are discussed, as are prospects for future farm financial management programs.

Keywords

business planningfarm management extensionfinancial statementsQ12Q14Q16
Type
Invited Paper Sessions
Information
Journal of Agricultural and Applied Economics , Volume 37 , Issue 2 , August 2005 , pp. 433 - 445
Copyright
Copyright © Southern Agricultural Economics Association 2005

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