Ag Land Management 1 | Education Week 2021

Starts:  Jul 15, 2021 08:00 (CT)
Ends:  Jul 17, 2021 17:00 (CT)

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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: Skye Root, AFM, AAC and Don Colter, AFM, AAC

Pricing: $999.00 Member / $1,279.00 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

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