Teagasc
Location
Dublin
Educational program name
Talking Money - Farm Finance Explained
Language
English
EQF level
Not defined
I-VET / C-VET
C-VET
Modality
Informal
Short Summary
The course will help farmers understand farm accounts and control the farm business. It focuses on teaching practical skills and enhancing understanding of farm financial management. The course aims to improve participants understanding of basic farm accounts terminology, the mechanics of farm accounts, decision-making based on farm accounts, and managing cash flow using the Teagasc Cost Control Planner. The course will be delivered over three half days. Method of delivery includes case studies, practical exercises, short videos, presentations, and class discussions.
Keywords/Topics
Financial terms explained clearly,
Understanding farm taxation accounts,
Using accounts to make decisions,
The three most important figures in the accounts,
Understanding where all the money goes (cashflow),
Farm and family life cycle impacts on farm business
Cost
750
Certification
Non-certified
Start date
2023-01-16
Duration
3 days
Key skill set
Analytical, listening, communication, problem solving skills
Category
Agricultural Business
Entry conditions
Farmers who wish to improve their knowledge and understanding of farm accounts and money management.
Learning outcomes
On successful completion of the course, participants will have gained valuable knowledge and skills to assist them to make more informed financial decisions in relation to the farm business.