Module Identifier RS25910  
Academic Year 2006/2007  
Co-ordinator Mr Penri James  
Semester Semester 1  
Other staff Mr Anthony O'Regan  
Mutually Exclusive RS25820  
Course delivery Practical   2 x 3 hour practicals  
  Lecture   1 x 2 hour lecture per week  
  Practical   2 x 3 hour practicals per semester  
Assessment TypeAssessment Length/DetailsProportion
Semester Assessment Business budgeting and appraisal assignment Outcomes assessed: 1, 2, 3, 4  100%
Supplementary Exam2 Hours Written examination Outcomes assessed: 1, 3, 4, 5  100%

Learning outcomes

On successful completion of this module, students should be able to:

Construct and analyse a set of financial statements

Identify the requirements when budgeting for businesses

Identify the different techniques and resources available for budgeting

Identify information requirements of financial institutions in lending assessments


Business decision making, budgeting, appraisal and investment are all essential aspects of management and necessary for successful business control. This module provides a comprehensive understanding of the concepts and principles involved in managing a business and incorporates analysing and solving business problems. In addition this module provides students with appraisal techniques essential for managers in controlling the business.   

This module is taught jointly with RS25820 Business Budgeting and Appraisal, but is a reduced version for D430 students only to accommodate their absence abroad in Semester 2 of Year 2.

Module Skills

Problem_solving Independent project work  
Research skills Independent project work  
Information Technology Use of spreadsheets  
Application of Number Construction and analysis of financial statements  

Reading Lists

Barnard, C and Nix J S (1979) Farm planning and control 2nd. CUP
Lampkin, N and Measures (2001) 2001 Organic Farm Management Handbook
Norman and Coote The Farm Business
Secrett M (1993) Mastering Spreadsheet Budgets and Forecasts - A Practical Guide
Throup, G Making profits with dairy cows and quota
Turner, J and Taylor M (1998) Applied Farm Management 2nd. Blackwell
Warren, M F (1998) Financial management for farmers 4th. Blackwell Science

Agra Europ
CAP Monitor

Technical Reports
Farm business survey Published annually
Farm incomes in the UK MAFF (published annually)


This module is at CQFW Level 5