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

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  • Doye, Damona G.

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.

Suggested Citation

  • Doye, Damona G., 2005. "Integrated Farm Financial Statements (IFFS): A Farm Business Planning Tool," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 37(2), pages 1-14, August.
    • Handle: RePEc:ags:joaaec:43518
    DOI: 10.22004/ag.econ.43518
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    JEL classification:

    • Q12 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
    • Q14 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Finance
    • Q16 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - R&D; Agricultural Technology; Biofuels; Agricultural Extension Services

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