Farm Financial Fluency Training Program with Manitoba Crop Alliance

tue01marAll Daytue15Farm Financial Fluency Training Program with Manitoba Crop Alliance

Event Details

The Farm Financial Fluency Training will be delivered by Farm Management Canada and MNP and take place over three sessions.

Please be prepared to attend all three session to get the most out of the program. Sessions will occur on:

  • March 1 from 9-11am CST
  • March 8 from 9-11am CST
  • March 15 from 9-11am CST

Your registration applies to all three sessions.

About the Program

Financial literacy is a fundamental starting point for effective farm business management, helping producers understand the direct impact of their business decisions, and opportunities available going forward.

Through the Farm Financial Fluency training program, you will learn:

  • Why financial reporting is important and to whom
  • Key differences between types of financial reporting and who uses what
  • Different farm business structures and their impact on financial reporting
  • How to interpret your financial statements
  • Financial ratios and how to use them to analyze risk
  • How to spot potential financial issues and opportunities
  • Tools and resources available to manage financial risk

This program will be directed to crop producers in Manitoba.

Session Topics

Farm Financial Fluency – Session 1- March 1 (9-11am CST)

  • Why is Farm Financial Fluency important?
  • Cash versus Accrual Accounting
  • Business Structures
  • Financial Reporting
  • Financial Statements: Balance Sheet
  • Account Standards: Impacts

Farm Financial Fluency – Session 2- March 8 (19-11am CST)

  • Financial Statements: Income Statement
  • Cash Flow
  • Ratios and Analysis
  • Sector-Specific Metrics and Ratios
  • Managing Financial Risk
  • Resources Available

Farm Financial Fluency – Session 3- March 15 (9-11am CST)

  • Case Study (pre-read)
  • Interpretation of the case study and application of a specific farm situation

Farm Financial Fluency – Optional Complimentary Meeting

  • Optional one-time complimentary meeting with an MNP business advisor to discuss the interpretation of their your financial statements (60 minutes)

Click here to register!



march 1 (Tuesday) - 15 (Tuesday)