Written for the forest manager, land agent and the forestry/rural economy student, either at the technical or university level, this book describes how systems of cost and financial accounting and financial yield may be built up, every step being illustrated by a series of interrelated examples. Financial accounting gives a precise view of a forest venture from year to year, whereas financial yield endeavours to show the profitability of a tree crop over its rotation. Cost accounting probes into detail and is an essential management tool for budget control, profit maximisation and planning. It may thus be said that the book deals with an important and essential aspect of forestry

Written for the forest manager, land agent and the forestry/rural economy student, either at the technical or university level, this book describes how systems of cost and financial accounting and financial yield may be built up, every step being illustrated by a series of interrelated examples. Financial accounting gives a precise view of a forest venture from year to year, whereas financial yield endeavours to show the profitability of a tree crop over its rotation. Cost accounting probes into detail and is an essential management tool for budget control, profit maximisation and planning. It may thus be said that the book deals with an important and essential aspect of forestry

GAO reviewed the Forest Service's Timber Sale Program Information Reporting System (TSPIRS). GAO found that: (1) overall, the Service continued to make progress in testing and implementing TSPIRS; (2) TSPIRS accounting for road costs was consistent with the basic system design outlined in a GAO report and was appropriate for cost accounting purposes, but alternative methods existed; (3) TSPIRS correctly reported timber sales costs; (4) a consultant suggested that the Service calculate timber growth costs using historic harvest volumes, rather than a theoretical estimate, in order to better match growth costs with the timber actually harvested; (5) TSPIRS reports included all significant timber sales costs directly related to timber growth and harvest; and (6) TSPIRS economic analysis reports were consistent with normal reporting of economic estimates and may be most useful at the forest, rather than regional, level.