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Financial Management and Record Keeping Guide Banyan Global Form

Financial Management and Record Keeping Guide Banyan Global Form

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- [Instructor] Good afternoon. This is Robert Page, CPA and Regional Extension Agent with the Farm and Agribusiness Management team with the Alabama Cooperative Extension System and Auburn University. This afternoon, we're going to be talking about farm financial recordkeeping, and let's begin with a simple question. Are you a farm bookkeeper or not? Do you have any interest in numbers and basic math skills? Do you have computerized data entry skills? Do you have knowledge of accounting and bookkeeping principles? Do you have skill at organizing and filing financial records? Do you have the ability to concentrate on financial documents and data entry for several hours at a time? Do you have the discipline to complete data entry weekly or monthly? Do you have the ability to find and correct accounting errors and omissions? And lastly, do you have the ability to read and explain how income statements, balance sheets and other financial statements tell the story of farm op

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