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Items Tagged with 'income statement'

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3 Open Minutes with Steve Funk

February 8, 2024
Emma Ohirko

Progressive Dairy Editor Emma Ohirko caught up with Steve Funk to discuss the role of risk management for farm businesses and some strategies to minimize farmer risk and optimize program coverage. 




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You can farm, but you also need to manage your financials

Good financial management includes utilizing a timely and accurate balance sheet, an accrual-adjusted income statement and a cash flow statement.
July 17, 2023
Brad Guse

“Leave me alone and let me farm!” I’ve heard this from many a client over the years, sometimes in response to my request for timely financial reporting. But it is the wrong response. 


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A four-step guide to assembling financial statements

January 29, 2022
John P. Hewlett and Jeff Tranel
Constructing accurate financial statements for your farm or ranch business is one of the basic steps for management success.
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Starting 2021 on the right foot financially

February 11, 2021
John P. Hewlett, Jay Parsons, and Jeff Tranel
This can be a busy time of year for many farmers and ranchers. Calving season may be in full swing, feeding and other chores are carried out in cold weather, and tax returns are completed and filed. In addition, there are a plethora of meetings, conferences and other educational opportunities.
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