How To Avoid Farm Accounting Pitfalls
April 19, 2016 Money, indeed, makes the world go round. And certainly, a lack thereof can make any business go down.
No matter what methods you are using to track what comes in and goes out of your coffers, mistakes can and will happen. Part of the equation is realizing where you went wrong. The other part is learning how not to repeat the same pattern.
In the latest episode of the GenNext Growers Webinar Series, Clay Worden, Managing Partner of RSM US LLP in Orlando, provided tips to growers on how to avoid common accounting errors while building a solid balance sheet and generating a profit.
In his role, Worden’s primary focus has been to supply assurance, tax, and business consulting services to middle market organizations. The agribusiness sector comprises a large portion of Worden’s expertise.
During the webcast, Worden served up several examples of where farm operations can capitalize when it comes to boosting the books.
To watch this webinar On Demand, click on the image below.