Welcome to If you can't measure it, you can't manage it. In this module, you will work through a number of concepts that will help you refine your farm business analysis skills. Using this information you will be able to:
- transfer profit and loss information into the DairyBase collection template accurately - apply cash and accrual accounting principles to invoices - understand the importance of certain DairyBase definitions and apply these standards to your data. This includes what to include and leave out around dairy farm income - apply cost of production calculations and explain why the lowest cost of production is not always the most effective for your farm business - contextualise your analysis results and score the season appropriately.
The following terms will be used throughout this module. It's a good idea to be familiar with these before reading the module.
If you have not completed Farm Business Fundamentals you should start with the SCoA content. If you have completed it and feel confident with the Dairy SCoA, scroll down and select the If you can't measure it, you can't manage it content.