This curriculum guide provides a basic core of instruction for the first year of a three-year adult program in farm business management. It contains 12 units of instruction. Each unit consists of seven basic components: performance objectives, teacher activities, information sheets (content essential for meeting the cognitive objectives), assignment sheets (application of knowledges that are prerequisites to skill development), supplements and transparency masters, tests, and test and assignment sheet answers. Depending on the specific objectives, supplements, transparency masters, assignment sheets, and job sheets may or may not be included. The 12 units cover orientation, recordkeeping, inventory and net worth statement, depreciation, enterprise accounting and supplemental records, enterprise budgets, cash-flow planning, farm credit, partial budgeting, marketing, income tax management, and year-end closing of records. (YLB)