A study was conducted to develop competency-based curriculum materials and a computer-based analysis system for farm business records to assist local vocational agriculture teachers of adult/young farmers in their group and individualized instructional programs. A list of thirty-five competencies in financial management were validated using responses from a random sample of ten adult/young farmer teachers, fifty adult/young farmer enrollees, and ten representatives of agricultural credit. The farm business records of thirty-nine enrollees in seventeen local schools throughout Missouri were used in the pilot project of analyzing records. Output data for each farm business included a depreciation schedule, cash flow, profit and loss statement, financial statement, enterprise analysis of each enterprise with comparative results, and a 1040F tax form. In addition, three computer programs that can be accessed with remote data terminals were developed. The curriculum materials developed in the project were comprised of ten lessons in a unit titled Establishing a Farm Accounting System. Among the lessons developed were (1) Introduction to Keeping Records, (2) Planning the Year's Cash Flow, (3) Developing Depreciation Schedules for Machinery, (4) Setting up Farm Inventories and Financial Statements, (5) Keeping Enterprise Records, and (6) Using Concept of Time Value in Planning. (LRA)