Ag Land Management 1 | Education Week 2023

Starts:  Jul 13, 2023 08:00 AM (CT)
Ends:  Jul 15, 2023 05:30 PM (CT)

Click here for more details and to register

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; Ryan Kay, 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