@conference {40647,
	title = {Physical performance / financial performance... Ne{\textquoteright}er the twain shall meet?},
	booktitle = {Proceedings of the New Zealand Society of Animal Production},
	volume = {54},
	year = {1994},
	month = {Jan},
	pages = {423-428},
	publisher = {New Zealand Society of Animal Production},
	organization = {New Zealand Society of Animal Production},
	abstract = {The historic development of farm reporting systems has meant an  
overemphasis upon accounting concepts and formats.  The compulsion, in New  
Zealand, of compliance reporting inhibits reports which reflect progress  
toward farmer and farm objectives and the underlying nature of the  
production processes.  The utilisation of more sophisticated planning  
tools and the uptake of objective measures of system performance provide  
an opportunity to rethink and reconstruct farm management report contents 
and formats. 
 
A model report is presented which attempts to harmonise the physical 
production processes and the financial consequences of these processes. 
The report undertaken for a winter milk dairy farm; extends the concept 
of enterprise to separate land, conservation, herd and replacement 
activities; clarifies input-output relationships within and between 
these activities; and analyses financial consequences of these 
relationships. 
 
The model provides; a framework for understanding the relationship 
between production and finance; a framework for developing comparative 
measures of performance which take account of systems differences which 
current industry benchmark{\textquoteright}s ignore; and a basis for meeting the 
compliance demands all individuals face. 
 },
	issn = {1176-5283},
	author = {Kirton IF and Mackrell KI and Stone JA}
}
