Skip to main content

The WSCPA will be closing early at 2:00pm on Friday, May 23 and remain closed through Monday, May 26 in observance of Memorial Day.

Agricultural Accounting FLEXCAST

Available Until

Your Desk

10.0 Credits

Member Price $49.00

Non-Member Price $56.00

Overview

This thorough CPE self-study course is specifically tailored for professionals working in or with agricultural businesses, providing an in-depth understanding of the accounting practices unique to this industry. The course delves into critical aspects of agricultural accounting, such as the different principles, financial statement preparation, and the distinctive methods of inventory valuation and asset recording unique to agriculture. Additionally, it covers complex topics like hedging transactions, cooperatives, and the management of non-current farm assets. Through practical examples and detailed explanations, participants will learn how to effectively set up and manage an agricultural accounting system. This CPE self-study course is not just about learning agricultural accounting principles; it offers practical skills and knowledge crucial for accurately managing the financial aspects of a farm, ranch, or related business.

Highlights

Agricultural accounting. Accrual and cash basis accounting. Accounting transactions. Receivables accounting. Investment accounting. Inventory accounting, and more.

Prerequisites

None.

Designed For

CPAs and other business and finance professionals.

Objectives

Recognize the different accounting principles. Cite the line items and classifications used within the financial statements. Note the differences between financial and managerial accounting, and more.

Preparation

None.

Notice

This is a FlexCast (no exam required) and may be viewed only Monday - Saturday, 5am - 5pm PT. You may take up to one year from the date of purchase to complete the course. Pause your FlexCast and resume at a convenient day during the hours above. Partial credit for 2+ credit courses: If you are unable to complete the course in one sitting, partial credit can be awarded (minimum of one credit). To earn the remaining credits, you must return later and start the course from the beginning. Use chat to ask questions of a subject matter expert during the program.

Leader(s):

Leader Bios

Steven Bragg, Western CPE

Steven M. Bragg, CPA, is a full-time book and course author who has written more than 70 business books. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast.

Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and an auditor with Deloitte & Touche. He holds an MBA from Babson College, a Master of Finance from Bentley College, and a BA from the University of Maine (summa cum laude).

Return to Top

Non-Member Price $56.00

Member Price $49.00