Implementing forestry bookkeeping and cost accounting – 20 years of field research on the profitability of forestry in Austria

• Main Author: Penttinen, Markku
• Format: Article
• Language: English
• Published: Finnish Society of Forest Science 1991-01-01
• Series: Silva Fennica
• Online Access: https://www.silvafennica.fi/article/5448

The profitability of forestry in the context of recent economic developments in Finland suggest a more systematic analysis of the profit and the cost structure of small-scale forestry than is normally made today. The domestic and international pressure on farming emphasizes the development of rural areas by means of other business than agriculture, in practice this may mean forestry. Financing in terms of the new law concerning agriculture requires projects to be profitable. Thus, the profitability of different lines of production, including forestry, needs to be reported more carefully than is the practice today. A network of forestry bookkeeping farms covering the whole Austria has existed for 20 years. The organization and the operation of the forestry bookkeeping and the cost accounting system is based on the scientific cooperation and exchange of information between the organizations in charge. The practical experience and recommendations based thereon might be useful for Finland, when implementing a country-wide network of forestry bookkeeping and cost accounting. The PDF includes an abstract in English.