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Understanding your farm financial statements
June 13, 2018 @ 9:00 am - 4:00 pm
Get a better understanding of the business side of your farm and have a greater input into the financial direction it is heading.
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.
This workshop will be delivered by Rural Biz Training.
This one day workshops will cover the following topics –
- Business structure
- Overview of farm financial statements
- Linkages between statements
- Profit & loss accounts
- Balance sheets
- Using this information to make decisions
- Basic ratios – indicators of farm financial performance