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Agenda

Dates:
September 17-18, 2010

Location:
Caesar Kleberg Wildlife Center
Texas A&M University-Kingsville, Kingsville, Texas


Summary:
This lectureship showcases new initiatives in farm management to implement professional managerial accounting systems.  It also illustrates the often overlooked linkage between financial analysis and strategic decision making.


Learning Objectives:

• Become familiar with new initiatives and guidelines being devloped by the Farm Financial Standards Council to implement professional managerial accounting systems in farm business operations.
• Gain an improved understanding of the linkage between financial analysis and strategic decision making.
• Develop strategies for producers and clients to increase the use of ratio analysis, evaluate whole farm business performance using the Dupont Model, and to assess the impact of alternative strategic shifts to improve operational efficiency, capital asset management and the use of debt leverage.
• Become familiar with a broad range of technical issues and concepts that must be understood before managerial accounting can be successfully implemented.
• Gain hands-on access to training and implementation strategies avaliable to help producers/clients adopt managerial accounting practices.

Instructor:
R. L. "Dick" Wittman
Wittman Consulting Services


Fees:
$300 - Covers materials, equipment, refreshments and lunches.

To Register:
Contact the King Ranch Institute for Ranch Management at 361-593-5401 or visit http://krirm.tamuk.edu.  Space is limited so early registration is recommended.

Additional Info:
*This lectureship will count towards our new “Texas AgFinance Certificate in Advanced Ranch Management”