We should be aware about the complexities of Agro based industries in the changeing scenario of economic and financial condition of the nation. The situation demands that the Agro based industries should be equipped with information system, must have the Knowledge of management process, external environment of agriculture and also with the price mechanism system of agricultural produce. All these things create problem during a period of crisis in the national economy especially in the activities of industrial Agro Based industries. In the agricultural system, management decisions should be leased upon reliable, modern management accounting, planning and analysis process.