College of Agriculture
Description:
This hands-on, self-paced course is designed to teach applied principles of farm financial management. You will learn how to increase the economic viability of the farm/ranch business and strengthen its ability to withstand price and production challenges. This course can be taken for educational purposes only or to fulfill FSA Borrower Training Financial Credits.
The course includes seven lessons: Recordkeeping, Balance Sheet, Income Statement, Enterprise Budgets, Cash Flow, Goal Setting, and Managing Family Living Expenses. It includes 4 hours of material across 26 different videos. Interactive reviews, activities, and quizzes will help you practice and apply what you are learning.
To successfully complete the microcredential and earn a digital badge, a 60% or greater score on four quizzes and one final exam is required.