Program Overview
In a world of tight margins and dynamic marketplaces, financial goals are gaining increased visibility throughout all aspects of the agribusiness value chain. Today, it’s more important than ever for non-financial managers to understand how their decisions impact company profitability. During this three-day interactive program, Drs. Brady Brewer and Chad Fiechter will provide you with an increased understanding of key financial ratios needed to analyze the financial standings of your business, how to help customers see a return on investment in your offerings and much more.
This program is designed for non-financial managers seeking to develop their understanding of business from a financial standpoint. Attending this program would be beneficial for anyone possessing decision-making responsibilities in their organization, especially agribusiness managers and directors making operating financial decisions that impact near and long-term outcomes of their firm, those with sales and marketing responsibilities working with farmers and agribusiness customers, and those with financial responsibilities seeking to enhance their knowledge of decisions specific to the agriculture and agribusiness industries. Past attendees have included leaders responsible for managing and maintaining budgets, capital purchases and personnel costs, or other decisions that affect the company’s bottom line.
For questions about this program or more information on who should attend, please contact Taryn Nance at tnance@purdue.edu or (765) 714-2771.
Key Benefits
During this seminar, you will:
- Learn to link your daily decisions to company profitability.
- Connect your product and service offerings to customers’ profitability.
- Clarify financial terminology and enhance your communication with financial managers.
- Apply practical financial tools for examining profitability to relevant agribusiness industry situations.
- Discuss the current financial market and its impact on agribusinesses.
Program Content
- Financial Analysis Relevance for Agribusinesses: Learn from Practical Case Studies
- Balance Sheets, Income Statements and Cash Flow Statements
- Thinking Like an Agribusiness CFO
- Earns, Turns and Returns on Assets
- Cash Conversion Cycle, Accounts Receivable and Inventory Turnover
- Debt Leverage and Return on Equity in Food and Agricultural Business
Educational Credit
You can earn CEU and CCA credit at this program.
FACULTY MEMBERS
Program Agenda
*Please note that Indiana is on Eastern Standard Time (EST) during this conference.
*A printable pdf of the agenda can be downloaded here.
Tuesday, February 11
7:30 a.m.
Classroom opens
8:00 a.m.
Program Kick-off and Introductions
DeShea Wallace, Purdue University
8:30 a.m.
Financial Analysis Relevance
9:30 a.m.
Balance Sheets
10:45 a.m.
Income Statements
12:00 p.m.
Lunch
1:00 p.m.
Thinking like a CFO
2:30 p.m.
Earns/Margins
3:45 p.m.
Turns and ROA
5:45 p.m.
Networking Reception
5:45 p.m. 7:30 p.m.
Reception at Harry’s Chocolate Shop
Wednesday, February 12
7:30 a.m.
Classroom open
8:00 a.m.
Reflection of Day 1
8:30 a.m.
Earns, Turns and ROA Assignment
9:30 a.m.
Cash Flow Statements
11:00 a.m.
Cash Conversion Cycle, Accounts Receivable and Inventory Turnover
12:00 p.m.
Lunch
1:00 p.m.
Leverage and Debt Use
2:30 p.m.
Leverage & Debt Use Assignment
4:00 p.m.
DuPont Identity Recap
5:00 p.m.
Work Groups – Develop Recommendations, Answer Questions and Create Presentations
Thursday, February 13
7:30 a.m.
Classroom Open
8:00 a.m.
Convince the CFO Presentations
10:00 a.m.
State of the Agricultural Economy
10:45 a.m.
State of the Agricultural Credit Markets
11:30 a.m.
Wrap-Up & Debrief
12:00 p.m.
Boxed lunches to go
Safe Travels!
Travel and Information
Program location
Purdue University
Krannert Building, Room 758
403 Mitch Daniels Blvd.
West Lafayette, IN 47907
Hotel
A block of rooms has been reserved at the Union Club Hotel in West Lafayette, IN. Contact the Union Club Hotel at (765) 496-5118 or click here to make your reservation. Mention that you are with Analyzing Agribusiness Financial Decisions (group code: AAFD) to receive the $189/night room rate. Check-in is 4:00 p.m. and check-out is 11:00 a.m. The room block and discounted rate will expire at 5:00 p.m. on January 10, 2024.
Union Club Hotel
201 Grant Street, West Lafayette, IN
(765) 494-8922
Across the street from Krannert
Locate with google maps
The Union Club hotel is located in the heart of Purdue’s campus, across the street and within walking distance from the Krannert Building where AAFD will be held. There is a tunnel system that can take you from the Union Club Hotel to the Krannert Building out of the winter weather. While breakfast isn’t offered at UCH it is in close proximity to the offerings of the Purdue Union.
Hampton Inn & Suites West Lafayette:
A block of rooms has been reserved at the Hampton Inn & Suites West Lafayette (approximately 1 mile from campus). Contact the Hampton Inn & Suites at (765) 269-8000 or click here to make your reservation. Mention that you are with Analyzing Agribusiness Financial Decisions (group code AAFD) $139/night room rate. Check-in is 3:00 p.m. and check-out is 11:00 a.m. The room block and discounted rate will expire at 12:00 p.m. on January 11, 2024.
Hampton Inn & Suites West Lafayette
160 Tapawingo Drive, West Lafayette, IN, 47906
(765) 269-8000
Located by the roundabout
Locate with Google maps
The Hampton Inn and Suites is a short drive to the Krannert Building with parking available in the Grant Street Parking Garage. The Hampton is still in close proximity to Purdue campus and all of its offerings. A continental breakfast is available each morning at the Hampton and included in your stay.
GETTING TO PURDUE UNIVERSITY: DIRECTIONS AND MAPS
Parking
Parking during the program will be available in the Grant Street Parking Garage (101 N. Grant Street). Click here for directions.
- If you are staying at the Purdue Union Hotel you can pay self-parking for $10 per day and $15 for in and out access.
- If you are driving daily, it will cost $10 per day.
Meals
Please plan to eat breakfast before attending the program. If staying at the Hampton Inn & Suites, breakfast opens at 6 a.m. EST. If staying at the Union Hotel, there is a Starbucks and other offerings in the building. Lunch will be provided daily, with drinks and snacks available throughout each day. There will be a networking dinner on February 11.
What to wear
The attire for the program is business casual. The average temperature in West Lafayette in February ranges from a high of 46 degrees to a low of 36 degrees. Layers are recommended for the classroom.
Materials
Materials will be provided for you throughout the program. The presentations will also be available to you following the program.
Seminar Payment/Cancellation
Payment for the program is due upon registration. Please refer to our cancellation policy for full details and information.
Contact
Cooper House
Event Manager
(765) 418-6993
chouse@purdue.edu
Program Cancellation Policy
If a participant is unable to attend a Purdue University Center for Food and Agricultural Business program, the participant may choose to: 1) transfer their registration fee to another participant within the same company, or 2) choose to receive a credit for the same program or another program that takes place within the 12 months following the originally booked event. However, a request to use a credit must be received no less than 30 days prior to the program start date, otherwise the credit will not be valid. No refunds will be issued regardless of cancellation date.
The Center for Food and Agricultural Business reserves the right to cancel a program due to low enrollment or other circumstances which would make the program non-viable. If a program is cancelled, registrants will be offered a full refund. Should circumstances arise that result in the postponement of a program, the Center for Food and Agricultural Business has the right to either issue a full refund or transfer registration to the same program on the new future date. The Center for Food and Agricultural Business will not be responsible for reimbursement of any participant expenses related to the cancellation or postponement of an event.
