For modern farmers, agriculture technology has become an integral part of business. However, when most people think of “ag tech,” farm accounting solutions might be one of the last things that they think of.
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Topics: farm management accounting, agricultural managerial accounting, cash or accrual, farm financial standards council, integrated farm software
Farm enterprise analysis, or the practice of analyzing your cost centers, profit centers, and assets in your various farming operations to identify opportunities for optimization, is a critical part of maximizing your farm’s profitability.
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Topics: managerial accounting, farm financial statements, accrual accounting, farm financial reporting, agricultural managerial accounting, Farm Financial Standards, farm financial standards council
The Farm Financial Standards Council has recently releasedFinancial Guidelines for Agriculture: An Implementation Guide for Non-Accountants. Not every farm or ranch operation has an accountant on hand or the accounting knowledge to take advantage of the ways financial reporting and data can revolutionize the way you make decisions, and, more importantly, grow. In recognition of that gap, the guidelines seek to help farmers and non-accounts gather the needed financial information, analyze it, and put it to use as decision support.In support of that effort, we think it equally valuable to understand who the council is and why this information is so vital to your farm business.
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Topics: farm financial statements, farm financial reporting, Farm Financial Standards, farm financial standards council
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Topics: agricultural managerial accounting, farm mamanagement accounting, Dick Wittman, farm financial standards council, Ag Software Success Summit
The following is a summary of a presentation entitled "Financial and Management Accounting Software--Developments, Implementation Challenges, and Integration Issues" made in July 2018 to the Farm Financial Standards Council Annual Conference in Champaign, Illinois.
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Topics: farm mamanagement accounting, farm financial standards council, integrated farm software, integrated production and financial software, Enterprise Resource Planning Software, ERP
| "What is the value of this kind of information if I can get it delivered to me in a more integrated fashion?" |
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Topics: farm management accounting, accrual accounting, Dick Wittman, farm financial standards council, TEPAP, farm enterprise analysis, QuickBooks for agriculture, farm financial software
Learn new farm management and marketing skills and network with other producers from around the country at the 2019 Farm Futures Business Summit
What practices should you change to improve your business? What habits should you break? Here’s an opportunity to learn how to make the necessary changes to stay on top of your business goals. You’ll get ideas that you can’t wait to implement – just one idea you get from this conference can pay you back in business benefits!
Over the course of two intense days (with some entertainment!) we’ll gather together for a series of keynotes, panel discussions and interactive power sessions that will make farm management come to life. Mingle with experts from across the country as they offer advice and answer questions.
We’ll give you solid ideas on everything from high-level grain marketing to the key business practices that will help you make more money in 2019. Plus, you’ll be networking with some of the best farmers on the planet.
The 2019 Farm Futures Business Summit takes place Jan. 24-25, 2019 at the Coralville Marriott Conference Center and Hotel just outside of Iowa City, Iowa. This event promises to help you think outside the box as you manage the ever-increasing complexity of today’s farm operations. FBS Systems is one of the sponsors and will host a display throughout the conference.
For more information or to register click here.
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Topics: farm management accounting, agricultural managerial accounting, cash or accrual, farm financial standards council, integrated farm software
The November 2013 issues of Farm Futures Magazine is packed with valuable tips for guiding you to the financial future of your farm.
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Topics: managerial accounting, farm management accounting, accrual accounting, agricultural managerial accounting, Top Producer Magazine, Dick Wittman, farm financial standards council, Danny Klinefelter, Farm Futures Magazine, Lance Woodbury, integrated software
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