Capital Farm Credit to help CPAs harvest new skills

Capital Farm Credit is helping cultivate the knowledge of other financial experts at Accounting for Agriculture, a day of continuing education training for Certified Public Accountants. The free training will be held in Lubbock at the Tigris Building, 5307 West Loop 289, on Nov. 18.

CPAs from across the state can get continuing professional education credits while getting important insights and updates related to ag accounting.

“Accounting for Agriculture is our opportunity as trusted advisors to educate other trusted advisors in the field of agriculture,” said Brett Riff, CFC’s senior vice president of Financial Related Services and Alliances.

“As passionate supporters of the ag industry, we value the importance of staying informed on ever-changing legislation, farming practices and the needs of agricultural producers,” he added. “We want to ensure that all producers and their accountants are equipped with the resources and knowledge they need, so our farmers can focus on feeding the world.”

Courses of the day include:

• What if your qualified plan isn’t enough? – Explore the limitations of traditional qualified retirement plans and learning about non-qualified deferred compensation plans and life insurance strategies, taught by Dee Dee Chadwick of Nationwide’s Advanced Consulting Group.
• Helping your clients transition out of their businesses – Explore the four stages of the planning process to navigate the critical need for proactive succession planning, also taught by Chadwick.
• Navigating the cattle market: trends, risks and opportunities – Discover what’s ahead in the cattle market, taught by Dr. Merri Beth Day of Texas A&M AgriLife Extension.
• Legacy Nutrient Deductions – Get details around legacy nutrient tax deductions, taught by Zack Porter of Boa Safra Ag, LLC.
• Management Accounting Systems – Discuss and discover management accounting systems and how they can work for you, taught by Brenda Heymer of Heymer Management Accounting Services.
• Crop Market Outlook – Get the latest crop markets, taught by DeDe Jones of Texas A&M AgriLife Extension.

Those interested in attending may register here: https://cvent.me/27VrL1. The training promises to be enlightening for all professionals, whether they are new in their careers or have vast experience of helping Texas farmers and ranchers.

“Our agribusiness professionals bring various backgrounds and expertise in banking and finance, providing competitive value for businesses who partner with us,” Riff said. “Whether it’s a feed lot, feed mill, large dairy, farm supply, grain elevator or any other processing or manufacturing company along the food chain, Capital Farm Credit is committed to making a difference for Texas agriculture.”