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The textbook describes the peculiarities of accounting and taxation of farms, reveals the methodology for the formation of financial and tax reporting. The structure of the textbook includes methodological materials for studying the lecture course; learning tasks for practical classes; questions, tests and assignments for testing knowledge. In accordance with the course programme, the textbook describes the forms of accounting in farms depending on their size and specifics of activity, the methodology and organisation of accounting for farms' economic activities, taxation and the procedure for preparing financial and tax reporting.