Ag Land Management 1 | Education Week 2024

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Farm Budgeting

• How are budgets used and the questions a budget should answer
• What information is needed to prepare a budget
• Difference between fixed and variable costs
• Difference between a partial budget and an enterprise budget
• Cash flow budgets
• How other budgets fit into a whole-farm budget
• Farm financial analysis tool
• Budget case studies

Farm Accounting & Financial Statements

• Overview of accounting
• Financial statements
• Balance sheets
• Assets and liabilities
• Income statements
• Cash flow statements
• Statement of Owner’s Equity
• Financial ratios

 Farm Finance

• How to evaluate an investment
• Financial modeling in agriculture
• Introduction to agricultural portfolio management
• Integrated case study

Instructors: Brent Lawson, AFM & Colton Lacina, AFM
Pricing: $1099 Member / $1,299 Non-Member 
Required Materials: Laptop, financial calculator and must have a working knowledge of Excel

Contact Hours: 24 hours

Accreditation: This course is required for the AFM and the AAC