Description
Book SynopsisFew people who are involved with the management of forests are comfortable with the accounting side of their role. This book is set out in an approachable and structured way, providing clear guidance for students and practitioners on how to proceed. The reader is lead through the subject, building up understanding in a series of steps, covering the methodology and rationale and accompanied by worked examples. Chapters cover the management process, the budgeting steps for profit, cash and capital, recording, accounts construction and appraisal, evaluation of alternative investments, information technology and tax. To avoid confusion, more complex issues are dealt with in a number of appendices.The book is intended for a global audience, since the principles discussed and examples given are universally applicable. It also includes specific appendices relating the content to the USA, Australia and New Zealand. As well as for students the book also provides essential reading for foresters,
Table of Contents1: Introduction 2: Budgeting - Step 1: the plan 3: Budgeting - Step 2: profit budget based on cost centres 4: Valuations 5: Depreciation 6: Budgeting - Step 3: cash flow 7: Budgeting - Step 4: budgeted profit and loss statement 8: Budgeting - Step 5: budgeted balance sheet 9: Recording 10: Accounts construction 11: Accounts analysis 12: Appraising investments 13: Finance 14: Taxation 15: Computers and forest accounts 16: Epilogue 17: Appendix A United States Overview 18: Appendix B New Zealand/Australia Overview a: With special appendices on USA and New Zealand/Australia by Norman Elwood, Department of Forest Resources, Oregon State University, United States and Ted Bilek, New Zealand School of Forestry,University of Canterbury, New Zealand
