OPTIONAL – Developing Income Statement – Advanced Topics

November 11, 2022 12:43 pm Published by
Developing Financial Statements Developing Income Statements OPTIONAL – Developing Income Statement – Advanced Topics

The previous topics in this lesson have covered the fundamentals of how to develop a farm income statement. However, you might have some additional questions. Below are some advanced topics, including:

  • Calculating depreciation
  • Handling prepaid CSAs
  • What to do if you don’t have detailed records

If you have other questions not covered in this section, please feel to ask them on the YCF Wyoming Financial Statements forum.

Advanced: How do we calculate depreciation?

Developing Financial Statements & Measures, Curtis Mahnken, Rachel Purdy and, Pauline Van Nurden (April, 2021)

Advanced: How do we handle a prepaid CSA?

Developing Financial Statements & Measures, Curtis Mahnken, Rachel Purdy and, Pauline Van Nurden (April, 2021)

Advanced: What if I don’t have detailed records?

Developing Financial Statements & Measures, Curtis Mahnken, Rachel Purdy and, Pauline Van Nurden (April, 2021)
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This post was written by Kole Swanser