Upcoming Events Calendar - January 2008
For more information on a specific event, just click the event name
Back to the LERGP Home Page Updated 1/10/2008
Sunday Monday Tuesday Wednesday Thursday Friday Saturday



1

Happy New
Year !

2 3 4

 		5
FREDONIA VINEYARD LAB CLOSED
 HAPPY HOLIDAYS!
6



 7
8

NEW MOON
9 10

11

 12
13



 		14
15

FIRST QUARTER
MOON
16
Coffee Pot Meeting 		17 18 19
20



 		21
Farm Financial Managers & Bookkeepers School registration due today
Martin Luther King, Jr. Day
22

FULL MOON
"Full Wolf Moon"
23 24 25 26
27



 		28 29
30

LAST QUARTER
MOON
31

Farm Financial Managers & Bookkeepers School 		   
Recertification Meeting Finder - Penn State's Pesticide Education Program allows those who need Pennsylvania recertification credits to search for meetings in your area.
Recertification Training Course Database - Cornell's Pesticide Management Education Program allows those who need New York recertification credits to search for meetings in your area.
Back to Top      December Calendar      Return to Home Page      February Calendar

Meetings
WEDNESDAY, January 16, 2008 - Coffee Pot Meeting
10am till 12 noon - NE Fruit Growers, North East, PA
This is an excellent opportunity for you to meet Jodi Creasap, LERGP Viticulture Extension Educator if you haven't already done so!

Light refreshments are provided (coffee, donuts). We look forward to seeing you at the Coffee Pot Meeting (10 a.m.) - The meeting is free of charge and the discussion centers around growers questions and timely topics involving what is going on in area vineyards.

Upcoming Events

Farm Financial Managers & Bookkeepers School   (Please click here for more information and a registration form, or go to: http://lergp.cce.cornell.edu/011008_Farm%20Finance%20Class.pdf)

Thursday Evenings 7:00 - 9:30 PM January 31, February 7, 21, 28 and March 13 - At your nearest Cornell Cooperative Extension offices in Jamestown, Ellicottville or Belmont.

This school is designed to help people who are engaged in keeping financial records and making financial decisions on farms gain the skills they need to make informed decisions. Participants will learn to understand bookkeeping practices, preparation of financial statements, and the tools used to evaluate the financial position of farm businesses.

Each participant will be asked to complete five classroom sessions and work on an individual farm financial record keeping, analysis, budgeting project or business plan for a new venture.

Session Topics
January 31 Bookkeeping: Recording receipts, expenses, loans, debt payments, capital purchases, payroll
February 7 The Balance Sheet Constructing and Evaluating the Statement: Assets, liabilities, net worth, percent equity, debt to asset ratio, solvency and liquidity
February 21 The Income Statement for Understanding Profitability: Cash & accrual accounting; changes in receivables, payables, & inventory; profit measures
February 28 The Cash Flow Statement - Understanding Where All of the Money a Farm Generates Goes: Repayment ability, cash flow and debt coverage
March 13 Interpreting Financial Statements: What financial statements can tell you about your business, key ratios, setting financial goals

Project: Each farm will complete a project of their choice using the financial tools from the school. Instructor will provide individual on-farm follow-up.

The classes will take place at the three Cooperative Extension offices simultaneously using interactive video-conferencing. Instructors will teach from all sites. Come expecting lots of discussion and plenty of time to get your individual questions answered.

This course is approved for USDA Farm Service Agency borrower credits in financial management.

The cost of the school will be $75.00 per farm. The registration fee includes a workbook and reference materials. To register, please complete the registration form and return it along with your registration fee by Monday, January 21st. If you have questions about the school, please contact David Munsee, 716-664-9502, Ext 202. (Please click here for more information and a registration form, or go to: http://lergp.cce.cornell.edu/011008_Farm%20Finance%20Class.pdf)

Both experienced farm managers and new entrants to farming will benefit from participation in these workshops. Understanding the finances of a farm business is critical for managing its financial resources effectively. Management teams from farms, including the bookkeeper, are encouraged to attend, together, to build a common understanding of the information required and how it is used in decision making.

Sincerely,
David L. Munsee
Extension Resource Educator
Farm Management		 Joan S.Petzen
Extension Issue Leader
Business Management

Related Sites:
Cornell University  |  Penn State University  |  Cornell Cooperative Extension  |  Penn State College of Agricultural Sciences

412 E. Main Street, Fredonia, N.Y. 14063 Telephone: 716-672-5296 E-mail: Webmaster