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This course addresses several aspects creating a collateral learning experience.Student will be introduced to reflection journaling, helping the student make deep personal and applied connection to the course material at hand.The use of economic principles coupled with basic spreadsheet analysis assists the manager in mitigating those risks.This course is designed to provide international students, from developing economies, with a foundational understanding of general cash accounting principles as they relate to agribusinesses.Students will learn how to construct and analyze enterprise budgets, simple financial statements and perform fundamental feasibility analysis by applying microeconomic principles.Agribusiness managers regularly make decisions that are more complex in price and output risks.Examples and assignments will be from and related to the agribusiness industry.This course is intended for students enrolled in the entry level International Agribusiness Certificate program.
Upon completion of this course the student should be able to understand and apply basic accounting principles, complete financial transaction analysis, utilize double-entry cash accounting methods, value non-current assets, create an income statement; statement of owner equity; balance sheet; and statement of cash flows, and complete a basic financial analysis.
For the most accurate information students should refer to the actual course scheduling information during registration each semester.
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The course will introduce the student to the nature of the agribusiness industry and concepts in management that will assist the student in preparing a basic business plan.
Additionally, this course explores the connection of the agribusiness industry in a global setting.