grain crop
Featured

Loan Assistance White Paper

Even though the Guidelines documents produced by the Farm Financial Standards Council are extensively reviewed on a continual basis, issues and matters sometimes arise that are outside the “normal” financial accounting transactions typical for agricultural producers. We address one of those in our latest download.

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straw bales in field
Conferences

Call for Posters – 2024 Conference

The Farm Financial Standards Council invites all students, instructors, and industry professionals to prepare posters for presentation during the Council’s 2024 Annual Conference, which will be held July 24 – 26 in Louisville, KY.

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Conferences

International Farm Management Congress Coming to Saskatoon in July

The International Farm Management Association is bringing it’s biennial Congress to Saskatoon, Saskatchewan, July 7 – 13 in 2024. What this means is this gathering will be within easy reach for many Council Members and a GREAT opportunity to meet with colleagues from around the world, literally. This group is

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Featured

Parks Given Lifetime Emeritus Membership Status

The Farm Financial Standards Council has recognized Phyllis Parks, a civic leader and longtime member of the council. In honoring Ms. Parks, Brown cited her years of leadership at the organization including a term as FFSC president in 2011. “It was under Phyllis’ guidance that the leadership had a weekend

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Featured

Kessie Recognized for Service to FFSC

Joe Kessie, now retired from Lake City Bank, Warsaw, IN, receives a plaque of special recognition and thanks from Kathy Reinhardt, CPA, president of the Farm Financial Standards Council. She cited Kessie’s years of being the official representative from the American Bankers Association and co-chair of the Council’s finance committee.

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Featured

Brown Cited for Years of Service

Norman Brown, founder and principal at FBS Systems, Aledo, IL, receives a plaque marking his status as an Emeritus Lifetime Member of the Farm Financial Standards Council from Kathy Reinhardt, CPA, president of the organization. In making the presentation, Reinhardt noted Brown’s continual presence as a member of the Council

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FFSC Leadership team
Featured

President Brown, Other Officers Elected During Conference

The membership of the Farm Financial Standards Council elected Deena Brown, lead underwriter with CGB AgriFinancial Services, Louisville, KY, to be president of the organization for its 2023-2024 business year. The election was held during the group’s annual conference held July 26-28 in Moline, Ill. Taking on the role as

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Featured

Council Updates Financial Guidelines Documents

Menomonee Falls, WI. January 12, 2023 – The Farm Financial Standards Council (Council) has released an updated version of the Financial Guidelines for Agriculture (Guidelines). A revised edition of the corresponding Implementation Guide has also been published. The 2023 edition of the Guidelines updates and clarifies the discussion of depreciation, emphasizing book depreciation as the

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Council Activities

Van Nurden Addresses Boot Camp

Council veteran Pauline Van Nurden, an Extension economist with the Center for Farm Financial Management with the University of Minnesota, addresses the audience at the Farm Futures Boot Camp program in Coralville, IA on January 18. Her topic was How to measure your farm’s financial performance with the newly released Financial

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