Analyzing Farm Accounting Skills Related to Financial Performance of Dairy Industry: An Evidence from Jordan

摘要

This study aimed at analyzing farm accounting skills related to the financial performance of dairy industry in Jordan. A survey procedure was adopted to measure the perspective of dairy producers about their skills in farm accounting. 13 statements related to farm accounting skills were used. The farmers skills in farm accounting were measured using mean score derived from 5 point likert-scale. The statistical population of this study consisted of all dairy producers in the country and out of them 237 dairy producers selected as statistical sample. The data were collected between March 1st and June 30th 2014. The results of the study concluded that dairy farmers do not possess the necessary accounting skills related to the financial performance of their activity and needed to run their enterprise in a productive way. An empirical evidence was provided about lack of accounting skills by Jordanian dairy farmers. Paying attention to farm accounting and recognition of its importance and providing suitable executive ways to its related problems will be a vital component in developing dairy industry as well as other farming activities.