An explanation of what a liabilities schedule consists of, the different subjects within the schedule and why each subject is important.

Accounting terms and requirements for defining owner equity.

Instructions and forms for inventorying assets and documenting detail to support entries made in the financial statements.

The factors for developing a balance sheet, cash flow and income statement consistent with the Farm Financial Standards Council recommendations.

How to develop a balance sheet for farms and ranches.

The development and guidelines of a cash flow plan for farms and ranches.

The valuation methods for raised breeding livestock.

A generalized glossary of terms relating to farm financial stress and how they are used to indicate a farms financial position.