§764.457. Vendor requirements.
7 C.F.R. § 764.457
Minimum experience. The vendor must demonstrate a minimum of 3 years of experience in conducting training courses or teaching the subject matter.
Training objectives. The courses provided by a vendor must enable the applicant to accomplish one or more of the following objectives:
Describe the specific goals of the farming operation, any changes required to attain the goals, and outline how these changes will occur using present and projected cash flow budgets;
Maintain and use a financial management information system to make financial decisions;
Understand and use an income statement;
Understand and use a balance sheet; and
Understand and use a cash flow budget.
Curriculum. At least one of the following subjects must be covered:
Business planning courses, covering general goal setting, risk management, and planning; or
Financial management courses, covering all aspects of farm accounting and focusing on integrating accounting elements into a financial management system.
Instructor qualifications. All instructors must have:
Sufficient knowledge of the material and experience in adult education;
A bachelor's degree or comparable experience in the subject area to be taught; and
A minimum of 3 years experience in conducting training courses or teaching.
Notes, amendments, and revision history
Amendments
[72 FR 63298, Nov. 8, 2007, as amended at 89 FR 65041, Aug. 8, 2024]
Source
Source: 72 FR 63298, Nov. 8, 2007, unless otherwise noted. Redesignated at 75 FR 54015, Sept. 3, 2010.
Authority
Authority: 5 U.S.C. 301 and 7 U.S.C. 1989.
Source
Source: 72 FR 63298, Nov. 8, 2007, unless otherwise noted.
Amendments
[72 FR 63298, Nov. 8, 2007, as amended at 89 FR 65041, Aug. 8, 2024]