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Live Webcast

Accounting in Agriculture


Total Credits: 7 including 7 Accounting - Technical


Dates


Description

SCHEDULE: 

 

9:00 a.m. – 10:30 a.m.

“Financing in Agriculture”   

Dr. Danny Klinefelter/Professor and Extension Economist-Finance and Management/TAMU/College Station

 

This session will cover the factors lenders consider in lending farmers, the current economic situation in agriculture and its impact on financing, changes that have occurred following the 1980’s farm financial crisis and the financial market collapse in 2008.  It will also include a segment on guidelines for farmers and ranchers to follow in order to be a performance based borrower.

 

BREAK:  10:30 a.m. – 10:45 a.m.

 

10:45 a.m. – 12:15 p.m.

“Agricultural Policy Changes and Outlook for Renewable Energy in Texas" 

Dr. Joe Outlaw/Professor and Extension Economist-Policy, Co-Director AEPC/TAMU/College Station

 

This session will provide an update on how producers have responded to policy changes in the 2014 Farm Bill.  There will also be a discussion of current policy issues that are important to the agricultural sector.  An update will be provided on the current outlook for renewable energy in Texas.  

 

LUNCH:  12:15 p.m. – 1:00 p.m.

 

1:00 p.m. – 3:00 p.m.

“Agricultural Tax Issues and Planning Opportunities”

Jack A. Kirkland, CPA/Partner/RPC CPAs + Consultants, LLP/Partner in Charge of Clovis, NM Office/Clovis, NM

 

No other industry has such flexibility in tax planning as our farm and ranch clientele.  In this session we will look at selected tax issues facing farmers and tax planning opportunities unique to the industry.

 

BREAK:  3:00 p.m. – 3:15 p.m.

 

3:15 p.m. – 4:15 p.m.

“The IRS Attacks on Farmers and Ranchers”

William R. Cousins, JD, LLM, CPA/Partner/Meadows Collier/Dallas

 

This presentation will concentrate on the four leading IRS attacks on part- and full-time farmers and ranchers.  Part-timers are particularly vulnerable to hobby loss (Section 183) and passive loss (Section 469) cases; and everybody faces enhanced audits for omitted income.  The combination of high fair market values, volatile mineral earnings and low operation profits pose special transfer tax issues. 

Basic Course Information

Learning Objectives *Financing in Agriculture *Agricultural Policy in Regard to the Use of Biofuels and Alternative Energy *Agricultural Tax Issues and Planning Opportunities *The IRS Attacks on Farmers and Ranchers
Major Subjects *Accounting

Course Materials

Additional Info

Basic Course Information

Prerequisites None
Advanced Preparation None
Designed For All CPAs
Original Recording Date 06/24/2016
Yellow Book No
Course Developer TSCPA

Additional Information

Complaint Resolution Policy Please contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).
Official Registry Statement

Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org


Instructional Delivery Method Group Internet Based
Course Registration Requirements Online Registration
Refund/Cancellation Policy Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer. 

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Overall:      4.2

Total Reviews: 26