Farm women are often primary financial record keepers, tracking daily expenses and incomes, and preparing record books for income taxes. Beyond the task of entry and keeping records organized, farm financial records can be very intimidating unless one knows what to look for. In this 90-minute workshop, Ruth Hambleton, Extension Educator, Farm Business Management and Marketing, will review basic building blocks for farm financial records. This program is designed to improve farm women’s financial skills when working with lenders, business partners, and other professionals in the area of finances. Farm women will participate in an exercise to interpret information from balance sheets, income statements and cash flows. Hambleton will discuss key financial indicators that every farm woman should know and guide them in developing solid judgments about farm finances. Session will be interactive with group exercises.
|Conference||2006 National Extension Women in Agriculture Conference|
|Presentation Type||90-Minute Concurrent|