Managing your farm’s financial records requires knowing which tools to use, and how best to use them. The Agricultural Entrepreneurship Team of Penn State Extension will present the Managing Your Farm Recordkeeping Toolbox webinar series, starting January 26. This webinar series is designed for producers, financial managers, and bookkeepers. Participants will learn the principles of financial record keeping and how to obtain and interpret financial statements for better decision making.
Topics to be explored include the relationship between assets, liabilities, and owner’s equity and how to record transactions and financial statements using financial ratios. Instructors are: Penn State Cooperative Extension Educators Erin Cuprinka, Keith Dickinson, Mark Douglass, Robert Goodling, Andrew Martin, and Miguel Saviroff.
The webinar series will consist of seven weekly one-hour webinars. Participants will have the opportunity to do ‘homework’ between sessions to practice the skills learned during each webinar, and submit the homework to instructors for feedback. Participants can register for one session at a time, or the entire series for a discount. The cost to participants for this program is $20 per session or $100 for the entire series of seven webinars.
Advance registration is required. To register online or for more information on the program, refer to the following website: http://pafarmrecords.com/. Registration is available by phone by calling 1-877-489-1398 (toll free). For more information about the program, contact Mark Douglass in the Penn State Extension Office in Jefferson County, at 814-849-7361, or by email: mbd10@psu.edu. This workshop is presented by the Agricultural Entrepreneurship Team, a Penn State Cooperative Extension initiative.
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