Farm Financial Management

Comprehensive Guide to Farm Financial Management

The purpose of this guide is to provide farm managers, and those who work with them, a tool to assist in the development and understanding of a comprehensive guide to the farm financial planning process.

The content of this guide will help you, as a manager, to:

• Develop goals that you are committed to and that will guide the management of your farm and family
• Prepare and analyze financial statements to determine your potential financial ability to pursue stated goals, and
• Develop a management plan to identify the activities and resources necessary to achieve your stated goals.

The guide outlines a set of suggested steps and more importantly, highlights many of the considerable farm management, accounting and financial resources available.

• Overview and Table of Contents
• Introduction - Taking Care of Business
• Acknowledgements and Table of Contents
• Module 1: Identifying Interests and Motivations
• Module 2: Preparing a Net Worth Statement
• Module 3: Developing Goal Statements
• Module 4: Net Worth Statement Analysis
• Module 5: Preparing Cash Flow Statements
• Module 6: Goal Analysis
• Module 7: Cash Flow Statement Analysis
• Module 8: Preparing Income Statements
• Module 9: Income Statement Analysis
• Module 10: Combined Financial Statement Analysis
• Module 11: Developing a Management Plan
• Glossary of Terms and Financial Formulas
• Farm Business Planner Completion Guide with Examples
• Farm Business Planner
• Individual Interest and Motivation Questionnaire
• Management Team Interest and Motivation Questionnaire