University of Maryland Extension

Financial Management and Business Planning for Farm Service Agency Borrowers

Financial Management and Business Planning for Farm Service Agency Borrowers program trains farm managers who receive financial assistance from the USDA Farm Service Agency. Farm managers who receive FSA financial assistance are required to take this course. The course is 25 hours spread over 5 days. Farm managers learn how to prepare and analyze balance sheets, accrual adjusted income statements, cash flow budgets, and business plans for their operations. They are then required to complete these documents for their own farms and to pass tests to receive certification that they have completed the course.

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