FBMT 2141 Interpreting and Evaluating Financial Data
Course Information
| Course Number | FBMT 2141 |
|---|---|
| Course Title | Interpreting and Evaluating Financial Data |
| Description | This course continues to expand on preparation and evaluation of the farm business analysis, providing guidance toward mastery of business record close-out procedures, tax implications of management decisions, and the monitoring of farm business and family goals. (Prerequisites: None) |
| Total Credits | 4 |
| Total Hours | 16 |
| Instruction Type | Credits and Hours |
|---|---|
| Individualized | 4 Credits, 16 Hours |
Pre/Corequisites
None
Institutional Core Competencies
- Critical and Creative Thinking - Students will be able to demonstrate purposeful thinking with the goal of using a creative process for developing and building upon ideas and/or the goal of using a critical process for the analyzing and evaluating of ideas.
Course Competencies
- Assemble data management system(s) to enhance the farm business analysis process.
- Integrate detailed data management systems.
- Analyze enterprise budgets.
- Compare current business projections with historical data.
- Manage labor resources.
- Evaluate impact of personal retirement plans on tax liability.
- Evaluate profitability of new technology systems.
- Demonstrate strategic farm business management decision-making skills.
- Examine farm risk management practices.
- Revise farm business goals.
- Revise personal goals.
- Revise enterprise budget to reflect a current market outlook and pricing.
SCC Accessibility Statement
South Central College strives to make all learning experiences as accessible as possible. If you have a disability and need accommodations for access to this class, contact the Academic Support Center to request and discuss accommodations.
North Mankato: Room B-132, (507) 389-7222; Faribault: Room A-116, (507) 332-7222.
Additional information and forms can be found at: southcentral.edu/disability
This material can be made available in alternative formats by contacting the Academic Support Center at 507-389-7222.