Course Objectives
The Farm Pulse-Financial Management and Analysis Course consists of eight modules:
- Introduction
- Farm Business Financial Model and Records
- Financial Statements
- Financial Position
- Financial Performance
- Decision-Making
- Working with Your Lender
- Next Steps
By the end of this course, you should be able to:
- Recall the components of the farm business financial model.
- Identify records to collect for the farm business.
- Define the structure of a balance sheet, income statement, statement of cash flow, and statement of owner equity.
- Demonstrate how to organize financial information into financial statements.
- Interpret financial statements for the analysis of a farm’s financial position and financial performance.
- Compare and contrast financial strengths and weaknesses.
- Illustrate a farm’s plan to communicate with their lender.
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