Committees

Much of the work of the Farm Financial Standards Council is done by members of our four committees. Joining a committee is a great way to strengthen your relationships with fellow council members and to contribute to the future of the organization. We’d love to have you join us. Each committee has two co-chairs selected for one-year terms and no limit on the number of members who may participate in the committee.

If you are interested in joining one of our four committees, reach out to one of the committee co-chairs by clicking their name below.

Finance Committee

Our Role

The primary role of the Finance Committee is to assure the Council has funds necessary to function. This ‘funding’ can be accomplished through a number of vehicles, including, but not limited to

  • Sales of the Financial and Management Accounting Guidelines documents
  • Membership Dues collected annually
  • Partners contributions
  • Revenues generated from the Annual Meeting or other webinars, symposiums, or other activities

Our Meetings

The committee typically meets via conference call or virtual meeting every quarter. During the first three quarters of 2021, the meetings are scheduled for 2 p.m. Central time on January 18, April 19, and July 19. The CFO is included in our meeting agenda so committee members can review current financials.

Our Co-Chairs

D. Mark Compton

Joe Kessie

 

Marketing Committee

Our Role

The primary role of the Marketing Committee is to promote the council, its mission, and its activities. That can include things like

  • Overseeing the Council’s website, including providing timely and topical articles and links to the Webmaster. 
  • Review and selection of allied conferences/expositions where the Council might benefit by exhibiting and having members on the program agendas.
  • Prepare and present an annual budget recommendation during the business meeting associated with the annual meeting at the beginning of the fiscal year (July through June).
  • Provide guidance and suggestions to the Administrator in coordinating appropriate marketing materials for distribution at trade shows/expositions. This includes the trade show display and directly related materials.
  • Working with the Membership Committee in preparing materials for membership recruiting, including development of brochures and other materials to distribute at trade shows/expositions.

Membership Committee

Our Role

The primary role of the Membership Committee is to promote paid membership in the Council and to make that membership a memorable and professionally enlightening experience. This can include but is not limited to

  • Maintaining an accurate roster of current and past members
  • Develop programs that will enhance members’ experience in being involved with the Council
  • Provide incentives and ‘benefits of membership’ to prospective members
  • Prepare and present an annual budget recommendation during the business meeting associated with the annual meeting at the beginning of the fiscal year (July through June)
  • Provide guidance and suggestions to the Administrator in coordinating appropriate membership recruiting and maintenance materials
  • Work with the Marketing Committee in preparing materials for membership recruiting.
  • Act as the primary outreach/contact for developing relationships with allied organizations.
  • Work closely with the Administrator in organizing and distributing correspondence regarding dues, and maintaining the membership roster.
  • The Administrator shall contact each new member and send to them current Council materials including Guidelines documents, Board Notes and other relevant and timely information.
  • The Committee Co-chairs shall send ‘welcome’ messages to each new member.
 

Our Meetings

The committee typically meets via conference call or virtual meeting on the second Tuesday of every month at 1 p.m. 

Technical Committee

Our Role

The Technical Committee shall be responsible for the theoretical and practical soundness of material published by or on behalf of the Council. These responsibilities may include

 

  • Maintain an awareness of technical issues to be discussed and addressed, and if warranted, make recommended additions or revisions to the Guidelines.
  •  Review all technical material published or distributed in the name of the Farm Financial Standards Council, regardless of internal (e.g., committees) or external (e.g., FASB, AICPA, etc.) origin of the material.
  • Develop, review, and publish documents relating to changes to the Guidelines.
  • The Technical Committee advises Council Leadership of proposed changes to the guidelines.
  • Ad hoc subcommittees shall be formed as needed to address and research specific technical issues.

Our Meetings

The committee typically meets via conference call each month, to be determined by the co-chairs, who are responsible for scheduling and notifications.