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Understanding Farm Financial Statements |
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COURSE INFORMATION
Are you paying your accountant to prepare your annual financial statements and then not understanding what is in them?
Just getting your financials done as part of your tax return each year is missing a golden opportunity to find out more about where your business is heading. This workshop shows you how to read, understand and use that information in your business.
UNITS COVERED
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Topic 1 |
Basic business structures |
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Topic 2 |
Overview of farm financial statements |
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Topic 3 |
Linkages between the statements |
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Topic 4 |
Profit and Loss Accounts |
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Topic 4 |
Balance Sheets |
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Topic 4 |
Converting the information to useful management information |
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Topic 4 |
Basic ratios – indicators of farm financial performance |
Don’t be put off by fear that this workshop will be too hard, or boring. Past participants have been surprised at how simple and exciting it is to open up the information in your financial statements. Some of their comments have been:
Fantastic – Clarified lots of balance sheet questions I had. Found this session of huge benefit to my own business at home. Feel I am confident to read 90% of our financials & understand them
Booklets are excellent – very easy to follow with all relevant information recorded concisely.
Will recommend this workshop to my neighbours.
COURSE DELIVERY
1 - Online
Offered as a supported self paced online package. This means you can complete this training when it is convenient for you.
Please note FarmReady support is not available for 'Individual one on one training'.
Understanding Farm Financial Statements Registration Form.pdf (93 KB)
2 - 'Face to Face'
Workshops can be arranged in your area for groups of 12 or more, contact us if you wish to arrange a workshop.
COURSE FEES
FarmReady approved - up to 65% of course costs reimbursed for eligible Primary Producers and their families for Group only training.