Learners examine the main characteristics of the four financial statements required in accounting: the income statement, the owner's equity statement, the balance sheet, and the statement of cash flow.

Learners read about the most common forms of financial statements including balance sheets, cash flow statements, and profit and loss statements. A brief quiz completes the activity.

Learners read about the purposes of balance sheets and income statements and then place accounts into these two financial statement categories in a drag-and-drop exercise.

Learners read the definitions of working capital, current ratio, quick ratio, return on equity, accounts receivable turnover, and inventory turnover.

Learners read and listen to tips for organizing farm-related financial information.

Learners read about the internal and external users of financial information and the kinds of information most often requested.

Learners listen to an explanation of balance sheet basics for farm operations. They then determine how purchases should be listed in a farm record book and complete sample income and expense sheets.

Students read how profits can be doubled with the elimination of only a fraction of the "waste" in a company's operation.

Learners read about the different kinds of positions available in the accounting field at private corporations, government agencies, and not-for-profit organizations.

In this learning activity you'll analyze the costs of rent-to-own buying plans and compare those plans to other consumer strategies.

Learners examine the 10 steps of the accounting cycle. The cycle begins with the analysis of source documents and ends with the post-closing trial balance and interpreting the financial information.

Learners read an extensive explanation of the types of budgets most frequently used by farm operators, whole farm, partial, and enterprise, and complete a brief quiz to test their knowledge. Farm financial standards and ratio calculations are provided. Exercises complete the activity.

In this learning activity you'll discover how to calculate the best priced items and improve your financial literacy.

Learners examine 10 steps to consider when passing on farm assets including financial security, partnerships, taxes, lease agreements, gifting, and treatment of heirs.