The world of dairy accounting extends far beyond debits and credits, according to Carl Herbein, president and CEO of Herbein + Company, Inc., who has advised dairy companies for more than 40 years and led IDFA’s Dairy Accounting and Finance Workshop for the past 25 years. Herbein knows the information and tools that dairy accounting and finance professionals need to enhance their understanding of financial functions that are specific to the industry.

“To be successful, dairy accountants need to learn the vernacular and intricacies of the industry,” said Herbein, who will lead the upcoming workshop, Dec. 12-13 in Charlotte, North Carolina. “Through this IDFA seminar, Herbein + Company, Inc. has helped hundreds of accounting professionals grow their careers and advance their company’s financial operations. Whether you are new to dairy or could use a refresher course, this hands-on learning experience will provide demonstrable value towards all you do.”

Joining Herbein will be longtime course instructor Ron Mong, CPA and senior manager, who leads the firm’s dairy consulting practice. Mong has worked with dairy companies doing business in every federal order market in the country.

Best Practices and Benchmarks

The workshop will cover milk pricing, tax credits, cost segregation, federal and state milk reports, cost centers and ways to measure plant efficiency. Attendees also will learn about the latest software, best practices, industry news, opportunities and the benchmarks for cheese, ice cream, milk and cultured products manufacturers to use.

Sixteen hours of Accounting and Auditing Continuing Professional Education Credits will be awarded to attendees who complete the workshop.

Registration for the workshop is available here.

For more information, contact Melissa Lembke, IDFA manager of meetings and educational services, at mlembke@idfa.org.