FAFA II - Farm Accounting and Financial Analysis

Monday, January 13 at 9:00am to 4:00pm

Greenville County Clemson Extension Office 301 University Ridge, Suite 4300, Greenville, SC

FAFA II - Farm Accounting and Financial Analysis

• Understand and know the four parts of every business. 
• Understand important accounting terminology. 
• Understand the importance of accounting standards. 
• Understand the difference between Cash and Accrual Accounting. 
• Understand the flow of money in accounting terms. 
• Analyze the financial performance of an operation. 
• Identify historical opportunity/problem areas. 
• Determine the historical capacity of the operation. 
• Measure the historical operating efficiency of the operation. 
• Analyze your businesses financial performance. 
• Determine financial strengths and weaknesses of your businesses financial 
performance. 
• Project desired financial performance for the next two years. 
• Build high level action plans to support projected financial performance. 
• Learn how to begin controlling your business. 
• Learn the change issues associated with controlling your business. 

 

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