Analyzing Agribusiness Financial Decisions

Analyzing Agribusiness Financial Decisions

Program Overview

*The Analyzing Agribusiness Financial Decisions program has been set for February 2022 in the hope we will be able to safely gather together in person at that time. In the meantime, check out our Financial Management Micro-Course on Thursday, April 8, 2021. This short, interactive session will take place online and leave you with an increased confidence in your ability to extract meaningful data from financial statements and ratio analysis for decision-making purposes in today’s challenging industry. Learn more!

In a world of tight margins and dynamic marketplaces, financial goals are gaining increased visibility throughout all aspects of the agribusiness value chain. It is more important than ever for non-financial managers to understand how their decisions impact company profitability.

Participants attending Analyzing Agribusiness Financial Decisions find that they can communicate more effectively regarding the effect of their decisions on the profitability of the firm. Similarly, you will leave this program able to help your customers make decisions that make financial sense and prove a return on their investment in your products and services. Program facilitators will clarify financial terminology, link daily decisions to financial statements and connect operational decisions to financial outcomes measured by key ratios.

Key Benefits

  • Link your daily decisions to company profitability.
  • Connect your product and service offerings to customers’ profitability.
  • Clarify financial terminology to communicate more clearly 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, returns on assets
  • Cash conversion cycle, accounts receivable and inventory turnover
  • Debt leverage and return on equity in food and agricultural business

Who Should Attend?

Obtaining an increased understanding of agribusiness financials can be beneficial for professionals that possess any decision making responsibilities. Those who may particularly benefit from the program are:

  • Agribusiness managers and directors making operating financial decisions that impact near and long-term outcomes of their firm.
  • Professionals with sales and marketing responsibilities working with farmers and agribusiness customers.
  • Professionals with financial responsibilities seeking to enhance knowledge of decisions specific to the agriculture and agribusiness industries.

Analyzing Agribusiness Financial Decisions is intended for non-financial managers who want to develop their understanding of business from a financial standpoint. Past attendees have included leaders who are responsible for managing and maintaining budgets, capital purchases and personnel costs or other decisions that affect the company’s bottom line.

Participants have found additional benefit in attending with a team from their organization. For more information or to inquire about team pricing, please contact Emily Hoeing, Key Account Manager.


Program Agenda

*Please note that Indiana is on Eastern Daylight Time (EST) during this conference.
*A printable pdf of the agenda can be downloaded here.

Tuesday, February 22

7:30 a.m.
Registration

8:00 a.m.
Program Kick-off and Introductions
Emily Hoeing, Key Account Manager, Center for Food and Agricultural Business

8:30 a.m.
Financial Analysis Relevance
Dr. Brady Brewer, Purdue University
Dr. Jaclyn Kropp, University of Florida

9:30 a.m.
Balance Sheets, Income Statements
Brady Brewer

12:00 p.m.
Lunch

1:00 p.m.
Thinking like a CFO
Brady Brewer

2:30 p.m.
Earns
Brady Brewer

3:45 p.m.
Turns and ROA
Jaclyn Kropp

5:30 p.m.
Depart for Reception

Wednesday, July 15, 2020

7:30 a.m.
Classroom open

8:00 a.m.
Reflection of Day 1
Brady Brewer
Jaclyn Kropp

8:30 a.m.
Earns, Turns and ROA Assignment

9:30 a.m.
Cash Flow Statements
Jaclyn Kropp

11:00 a.m.
Cash Conversion Cycle, Accounts Receivable and Inventory Turnover
Brady Brewer

12:00 p.m.
Lunch

1:00 p.m.
Leverage and Debt
Jaclyn Kropp

2:30 p.m.
Leverage & Debt Use Assignment

4:00 p.m.
DuPont Identity Recap
Brady Brewer
Jaclyn Kropp

5:00 p.m.
Work Groups – Develop Recommendations and Create Presentations

Thursday, July 16, 2020

7:30 a.m.
Classroom Open

8:00 a.m.
Convince the CFO Presentations

10:00 a.m.
State of the Financial Markets
Dr. Brady Brewer

11:30 a.m.
Wrap-Up & Debrief

12:00 p.m.
Boxed lunches to go

Travel safely!

Travel and Information

Program Dates and Times

July 14-16, 2020
Begin: Tuesday, July 14th at 8:00 am
End: Thursday, July 16th at 1:00pm
(Please note that Indiana is on Eastern Daylight Time)

Program location

Purdue University
Krannert, Room 758
403 West State Street
West Lafayette, IN 47907

Hotel

We have a block of rooms reserved for the group, checking in on Monday, July 13 and checking out on Thursday, July 16. Please contact the Hilton Garden Inn West Lafayette to make your reservation ahead of time and ask for the AGP1 block to receive the $103 room rate. Check-in is at 3:00 p.m. and check-out is at 11:00 a.m.

Hilton Garden Inn
356 E. State Street
West Lafayette, IN
(765) 743-2100

Reserve your room online

Travel, parking and transportation

Covered parking is available at the Hilton Garden Inn. The Hilton Garden Inn has a free shuttle that you may reserve at the front desk to take to campus. There is also guest parking in the Grant Street Parking Garage if you choose to drive to campus. A parking pass to exit the garage will be provided at registration.

Program Directions and Travel

Meals

Please eat breakfast before attending the program. We will provide lunch to the group all three days. Coffee, soft drinks and refreshments will be available throughout each day, as well.

What to wear

Attire for the conference is business casual. Average July temperatures in Indiana are 85° F.

Materials

Materials will be provided for you throughout the program. Electronic versions of the presentations will also be made available to you following the program.

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.

Should circumstances arise due to COVID-19 that result in the postponement of / or change to an online 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.

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