2 min read
Sherry Lorton: Mar 14, 2023
Preparing monthly financial statements is typically done so you can get the proper financing for your merchandising activities; but there are also...
1 min read
Jeff Reardon: Apr 2, 2019
The process of Mark-to-Market accounting for Canadian grain elevators basically looks like this: Develop the routine of tracking data on the six...
3 min read
Jeff Reardon: Mar 27, 2019
Historical business truths typically come from very simple concepts. “Price is what you pay. Value is what you get” (Warren Buffet). “A penny saved...
3 min read
One thing that we all know for sure is that we are now officially one day closer to the next big “opportunity”. Some call it a “big rally" and some...
2 min read
Jeff Reardon: Aug 14, 2018
How much unrealized profit or loss do you want to pick up on your financial statements? The answer to this question determines the method grain...
1 min read
Jeff Reardon: Aug 8, 2018
Producing financial statements monthly is the best way to monitor the progress of your business. Monthly statements that include a Balance Sheet and...
2 min read
Jeff Reardon: Aug 6, 2018
The end of summer brings thoughts of planning and profitability. Grain companies that buy grain from producers and sell it immediately to users of...
4 min read
Sherry Lorton: Jul 26, 2016
In our last Grain Accounting class the discussion turned to the importance of having a good banking relationship. A lender in the meeting made the...
2 min read
Sherry Lorton: Oct 28, 2014
As the Controller, CFO or CPA responsible for producing financial statements for your company’s grain division, do you sometimes feel that you are...
1 min read
Jeff Reardon: Aug 12, 2014
Volatile prices and the difficulty accessing credit during peak financing periods opened the market to provide commodity futures swaps as a method of...
