Proceedings of the 3rd Business & Management Conference, Lisbon

AGRICULTURAL ACCOUNTING SYSTEMS SUPPORTING FARM FINANCIAL MANAGEMENT – THE CASE OF POLISH FADN

JOANNA PAWŁOWSKA-TYSZKO, MICHAŁ SOLIWODA

Abstract:

There is a limited number of research papers referring to the question how accounting systems affect economic and financial results of farms. The aim of this paper was to assess how agricultural accounting systems may support farm financial management, based on a case of Polish Farm Accountancy Data Network (Polish FADN). We presented the evolution, the current state and challenges for development of agricultural accounting in Poland. Selected features of FADN, taking into account the legal and organizational aspects were presented. Particular attention was paid to some aspects of usefulness of Polish FADN from the perspective of farm financial management (a micro focus). This study used multiple methodologies (mainly,elements of case study), to gather evidence. The FADN system in Poland brings several direct and indirect benefits, both at micro (for farmers) and sectoral levels. Individual Farm Report may support financial planning, but inflow of some detailed data on costs/margins may be very useful. The necessary rationale for using FADN system for supporting financial management is the strong need for providing more detailed data within the accounting system.

Keywords: agricultural accounting, financial management, farm, FADN, Polish agriculture

DOI: 10.20472/BMC.2016.003.016

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