Farm Management Software Blog

2019 Farm Financial Standards Guidelines Released

Posted by Norman Brown on Wed, Jan 30, 2019 @ 02:12 PM

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Tags: farm financial standards council, farm financial reporting, Farm Financial Standards, farm financial statements

Objections to Growth Path Farm Accounting

Posted by Norman Brown on Tue, Mar 10, 2015 @ 08:30 AM


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Tags: farm management accounting, farm financial statements, accrual accounting, farm financial reporting, cash or accrual, agricultural inventories, enterprise analysis, cost analysis

Growth Path Farm Accounting Method C

Posted by Norman Brown on Thu, Sep 25, 2014 @ 04:09 PM

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

Growth Path Farm Accounting Information Goals

Posted by Norman Brown on Thu, Apr 24, 2014 @ 02:04 PM

 

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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

Growth Path Farm Accounting III

Posted by Norman Brown on Fri, Mar 28, 2014 @ 03:08 PM

 

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Tags: farm financial statements, Farm Financial Standards, accrual accounting, agricultural inventories, farm software, farm accounting, growth path accounting

Farm Computer Adoption Pain Exceeds Management Gain

Posted by Norman Brown on Tue, Sep 24, 2013 @ 10:14 AM

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

Is Your Farm Management System Stuck in a Rut?

Posted by Norman Brown on Wed, Sep 26, 2012 @ 11:16 AM

“Choose your rut carefully. You’ll be in it for the next two hundred miles.”

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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

Has Farm Enterprise Analysis Lost Its Usefulness?

Posted by Norman Brown on Tue, Jun 26, 2012 @ 07:49 AM


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

Accounting for Agricultural Inventories

Posted by Sarah Dixon on Fri, Mar 23, 2012 @ 04:32 PM

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

"Rolling Up" Agricultural Managerial Accounting

Posted by Sarah Dixon on Tue, Jan 31, 2012 @ 03:07 PM

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Tags: managerial accounting, farm mamanagement accounting, farm financial statements, farm financial reporting, agricultural managerial accounting