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Tags: farm financial standards council, farm financial reporting, Farm Financial Standards, farm financial statements
3 Comments Click here to read/write comments
Tags: farm management accounting, farm financial statements, accrual accounting, farm financial reporting, cash or accrual, agricultural inventories, enterprise analysis, cost analysis
In prior installments in this series, we covered the two key questions in the Growth Path Accounting Decision Tree. This month we begin tracing the accounting results from these decisions.
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Tags: farm accountant, farm financial statements, accrual accounting, farm financial reporting, cash or accrual, farm inventories, agricultural inventories, agricultural software, enterprise analysis, cost analysis
5 Comments Click here to read/write comments
Tags: farm management accounting, cost accounting, farm financial statements, accrual accounting, farm financial reporting, agricultural managerial accounting, agricultural inventories, farm accounting, cost analysis, inventory valuation
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Tags: farm financial statements, Farm Financial Standards, accrual accounting, agricultural inventories, farm software, farm accounting, growth path accounting
Two recent articles in the farm press validate how far farm management technology has come, yet how far it has yet to progress to make a serious business impact.
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Tags: managerial accounting, farm management accounting, cost accounting, farm financial statements, accrual accounting, farm financial reporting, agricultural managerial accounting, farm inventories, farm records, farm software, ag software, agricultural decision support, business processes, agricultural software, farm accounting, enterprise analysis, precision farming
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Tags: best practices, farm budgeting, managerial accounting, activity-based costing, cost accounting, farm financial statements, accrual accounting, agricultural managerial accounting, agricultural inventories, farm records, farm software, Dick Wittman
In 2008 the Farm Financial Standards Council (FFSC) published Management Accounting Guidelines for Agricultural Producers. These recommendations prompt these questions regarding traditional farm enterprise analysis:
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Tags: managerial accounting, activity-based costing, farm financial standards council, farm financial statements, Farm Financial Standards, accrual accounting, farm financial reporting, cash or accrual, agricultural managerial accounting, Purdue Ag Economist, Dick Whittman, Freddie Barnard, Barbara Wheeling, Alan Miller
We will be examining the changes you need to make in handling Agricultural inventories as you move from traditional agriculture financial reporting to more up to date statements that follow Generally Accepted Accounting Principles.
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Tags: farm financial statements, farm financial reporting, farm inventories, agricultural inventories
