Farm Financial Fluency Training Program for Canadian Farmers March 2023

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Farm Financial Fluency Training Program for Canadian Farmers March 2023

Farm Management Canada is pleased to present the Farm Financial Fluency training program to Canadian farmers.

By Farm Management Canada-Gestion Agricole du Canada

When and where

Date and time

Starts on Mon, Mar 20, 2023 10:00 AM PDT



Refund Policy

No Refunds

About this event

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

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

  • March 20 from 1-3pm EST
  • March 22 from 1-3pm EST
  • March 24 from 1-3pm EST

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 (balance sheet, income statement)
  • Financial ratios and how to use ratios 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 Canadian farmers. Farmers from any sector are welcome to attend. The Case Study and some examples will reflect beef or mixed grain operations, however the fundamentals apply across commodities.

Session Topics

Farm Financial Fluency – Session 1- March 20

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

Farm Financial Fluency – Session 2- March 22

  • 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 24

  • 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 your financial statements (60 minutes)



Multiple Farm Team Member Discount - Please use the promo code "SecondPerson" to receive a 50% discount on additional team members.

About the organizer

We are the only national organization dedicated exclusively to providing the resources necessary to enable Canadian farmers to make sound management decisions. Farm Management Canada partners with industry stakeholders, including: governments, public and private sector organizations, and farm and commodity associations, to promote and foster the development of excellence in Canada’s agricultural sector. Supported by Agriculture and Agri-Food Canada, and a growing number of private partners, Farm Management Canada is fulfilling a significant role in nurturing a thriving Canadian agriculture industry.


Gestion agricole du Canada (GAC) est le seul organisme national qui se consacre exclusivement à l’élaboration et à la distribution d’information spécialisée en gestion agricole au Canada. Gestion agricole du Canada, dont les efforts sont appuyés par Agriculture et agroalimentaire Canada ainsi que par un nombre croissant de partenaires du secteur privé, joue un rôle important dans l’épanouissement d’un secteur agricole canadien prospère.

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