2015 Ag Finance Boot Camp

108 farmers, ranchers, land owners, accountants and others allied to farm financial programs weathered cold temperatures to attend the 2015 Ag Finance Boot Camp sponsored by Farm Futures magazine in St. Louis on January 6.

The audience was literally from coast to coast including individuals from Oregon, California and Nevada to New York state, Florida, and even Winnepeg, Manitoba. The day-long program covered topics including:

• Financial Management IS better decision-making
• Why financial recordkeep- ing is more than cash-basis accounting
• Understanding income statements, cash flows and owner equity
• Accrual transactions
• Using ratio analysis tools
•Financial Resources avail- able.

Presenters from the council were Paul Neiffer, CliftonLarsonAllen, Yakima, WA; Todd Doehring, Centrec Consulting, Savoy, IL; Dale Nordquist, University of Minnesota, St. Paul, MN; and Nate Splett, Center for Farm Profitability, UW Extension, Madison, WI.

The group gathered as a general assembly to start and end the day’s program, but was split into two separate tracks during the day. All attending received a copy of the 2015 Financial Guidelines for Agriculture as part of their registration to attend.

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