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Effectively utilizing accounting data in the agricultural industry can present valuable information beyond basic financial statements. By generating detailed reports, graphs, and charts, ag professionals…
For months, economists and the media have warned us that efforts to curb inflation could lead to a recession. According to the traditional definition of a…
It has already been a long year for growers. Water woes, supply chain slowdowns, and rising inflation have combined to create an epic storm of…
Martin Fox, CPA/ABV, CVA
It seems like you can’t go a day without hearing about supply-chain disruptions, inflation, or labor shortages. These three issues are having profound impacts on…
Grimbleby Coleman Accountants & Advisors
November 15, 2021 Few businesses are continuously profitable year after year. In fact, according to the publication Small Business Trends, only 40 percent of small…
For many agriculture businesses, fixed assets represent the largest account on the balance sheet. Fixed assets are any physical items that are acquired by a…
Title: Ag Case Study: An Embedded Approach to a CFO Vacancy GC Niche: Ag GC Team Member(s) Involved: Jeff Bowman, Clive Grimbleby Type Of Industry:…
November 17, 2020 Ag has been a key part of our practice from the very start — 47 years and “ac-counting”. We know ag because…
Martin Fox, CPA/ABV, CVA
September 10, 2020 We live in a world of scoreboard watchers. Go to any sporting event, and you’ll see massive scoreboards displaying all sorts of…
July 13, 2020 Recently the U.S. Supreme Court agreed to hear a case addressing the constitutionality of some items in the Affordable Care Act (ACA)….
May 21, 2020 The US Department of Agriculture (USDA) recently announced more information on new direct payments to eligible farmers and ranchers through the Coronavirus…
Martin Fox, CPA/ABV, CVA
May 6, 2020 We’re seeing an emerging trend in which many business owners are moving out of their ag businesses and passing control to their…
Martin Fox, CPA/ABV, CVA
April 1, 2020 We are in the throes of a crisis like none we have ever seen before. As people are hunkered down in their…
Martin Fox, CPA/ABV, CVA
March 4, 2020 How Much Is Enough? Break-even and Profit Analysis Do you know what your break-even point is? Your break-even point represents the number…
Accounting standards are continuing to change, and an upcoming change to lease accounting is a big one that lessees and lessors will definitely want to…