Farm Financial Standards Council Annual Meeting
I will be attending the annual meeting for the Farm Financial Standards Council in Billings, Montana beginning tomorrow and continuing through Thursday. I have posted about the council several times before, but if you are interested in updating your financial records to the accrual method of accounting, I would highly recommend downloading the standards from their website. The fee for the standards is fairly nominal and there is a lot of good information on how to properly prepare farm accrual financial statements.
I look forward to seeing everyone at the meeting and I will provide a post on anything new I learn from the meeting.
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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