Farm Financial Standard Annual Conference
Today begins the annual Farm Financial Standards Council annual conference in warm Kennewick, Washington (we are supposed to be 104 on Friday). The Council primary goals are to provide guidance to agriculture producers on preparing accrual based financial statements. The meeting gets started today with committee meetings. Tomorrow’s schedule has speakers on succession planning and related items with Friday’s morning session dealing with the council’s business matters.
Friday afternoon we are taking a field trip to Waitsburg/Dayton, Washington to get these flatlanders some riding time on hillside combines. My goal to make sure each person gets on at least a 30 percent grade before we leave for Walla Walla for a little bit of wine touring plus dinner that night.
I look forward to the conference and will update you on anything interesting that I hear or learn over the next few days.
Paul Neiffer, CPA
Paul Neiffer is a certified public accountant and business advisor specializing in income taxation, accounting services, and succession planning for farmers and agribusiness processors. Paul is a principal with CliftonLarsonAllen in Walla Walla, Washington, as well as a regular speaker at national conferences and contributor at agweb.com. Raised on a farm in central Washington, he has been immersed in the ag industry his entire life, including the last 30 years professionally. Paul and his wife purchase an 180 acre ranch in 2016 and enjoy keeping it full of animals.
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