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UW-Extension Workshop on Using Farm Financial Statements

(3/10/12) A workshop for using farm financial statements will be held on Wednesday March 14th from 10:00 a.m. -12:00 p.m. at the Jackson Electric Co-op Community Room, N6868 Cty Rd F, Black River Falls.

This program is intended for farmers who want to become more familiar with using their farm financial statements for business decisions. The workshop will provide a solid grounding in: AgFA Benchmarking Database -A real-time online financial benchmarking tool for all segments of production agriculture.  Benchmark numbers, representing financial position and performance, allow individuals to compare themselves with other farm businesses.  Benchmarks will help you determine areas where your management can be improved. Using Your Financial Statements to Make Decisions -The AgFA benchmarking site generates reports on Farm Earnings Balance Sheet, and Statement of Owner’s Equity. Understanding Financial Ratio Analysis -Determine your farm financial position, performance and efficiency by comparing to peers with a similar farm business in Wisconsin.

There is no charge for this program.  Pre-registration is appreciated.  Contact the Jackson County UW-Extension for more information or to register: (715) 284-4257.

 

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