Understanding the Farm Income Statement-Part 1

Understanding the Farm Income Statement-Part 1
The income statement is a report of the farm business’ financial performance during a given time frame.  In the Financial Management Factsheet Understanding the Farm Income Statement-Part 1,  UW-Extension Taylor County Agriculture Educator Sandy Stuttgen discusses what is the concept and structure of the income statement.

Understanding the Farm Income Statement-Part 1 is one factsheet in the Financial Management Factsheet series designed to help individuals understand the basic principles of financial record keeping.  Additional factsheets in the series include:

For more information regarding farm business management, please visit UW-Extension Dairy Team Financial Management or UW Center for Dairy Profitability.

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