The Farm Financial Standards Council is dedicated to helping farmers by promoting uniform financial reporting and analysis in the ag industry. We want to be the definitive resource for financial guidelines to benefit farmers.

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Council Members Elect New Officers

Members of the Farm Financial Standards Council elected its 2024/2025 leadership team and installed two new members of its board of directors at its annual conference held here July 24 – 26. All will serve through June 30, 2025. Elected to the role of president is Jonathan Shepherd, Agricultural Extension Specialist and director of the University of Kentucky Income Tax Seminar Program, Department of Ag Economics, University of Kentucky, Frankfort, KY. Previously Shepherd had served as president-elect and secretary/treasurer of the organization. Immediately preceding Shepherd and now immediate past-president is Deena Brown, lead underwriter with CGB AgriFinancial, Louisville, KY.

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Conferences

Annual Conference 2024

Our annual meeting was a success! Here are details about the new leadership elected. We’ll have more details later.   Daily Schedule | Detailed Thursday

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Our Guidelines

Financial Guidelines

The Financial Guidelines for Agricultural Production provides recommended standards for format and content of financial reports, recommended financial measures common to all sectors of agriculture, and example statements and measures.

Management Guidelines

The Management Accounting Guidelines for Agricultural Production responds to the ever-increasing need for consistent, reliable, and accurate management information systems to support day-to-day production decisions.