In 2018 two modules covering the skills and knowledge needed to manage your farm business and analyse your farm's business performance will be delivered through Regional Development Programs. DairyBase, the Dairy Standard Chart of Accounts and the 'Dairy farm business analysis' fact sheets are integral to Dairy Australia's Farm Business Management (FBM) education program.
This course runs over 2-3 days and focuses on farm financial management providing the skills and knowledge to pull together annual farm financial numbers. It also covers getting organised, budgeting, compliance and farm financial systems. It introduces the Dairy Standard Chart of Accounts and the Dairy Cash Management Planner.
This is a three day course that assists farmers and their advisers to better understand and analyse farm business performance. It uses DairyBase and covers the importance of getting annual farm physical and financial numbers right, how to interpret farm performance and to understand cash, profit and wealth for a dairy farm business using DairyBase reports. This course is recommended for all dairy farmers and their advisers.
Modules are available for delivery with groups, including discussion groups. These will be rolled out in regions by RDPs, supported by funding to access providers who are best placed to deliver. Talk to your RDP about what's available to support your group.