By Stephen Severe A lot of people are talking about Enterprise Accounting and the importance of knowing our costs of production. Why? Let me share an experience or two: I was one of those kids who put myself through college by, of all things, milking cows. I know that is

By Jonathan D Shepherd A significant trait found in top performing farm managers is having a focused approach towards efficiency and a sharp pencil. Two things top managers focus on are working capital and cash-flow. The current agricultural production climate warrants all producers to take an even closer look at

By Steven Severe Accountants can be your friend….really!! From an accountant’s perspective using the Farm Financial Standards Council’s Financial Guidelines for Agriculture makes perfect sense. Using the Guidelines gives one direction for preparing consistent, reliable and comparable financial statements for a year-to-year look at the agricultural operation. This allows all

By Scott Elston “Working capital” or “liquidity” are terms you may hear from your lender or see in various financial reports. Though this lingo may be foreign, having these in your business are critical to lasting success when operating in the volatility faced in production agriculture. Simply put, working capital