StacksVerified U.S. regulatory reference

7 CFR §764.457

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov
  1. (a)Minimum experience. The vendor must demonstrate a minimum of 3 years of experience in conducting training courses or teaching the subject matter.
  2. (b)Training objectives. The courses provided by a vendor must enable the applicant to accomplish one or more of the following objectives:
    1. (1)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;
    2. (2)Maintain and use a financial management information system to make financial decisions;
    3. (3)Understand and use an income statement;
    4. (4)Understand and use a balance sheet; and
    5. (5)Understand and use a cash flow budget.
  3. (c)Curriculum. At least one of the following subjects must be covered:
    1. (1)Business planning courses, covering general goal setting, risk management, and planning; or
    2. (2)Financial management courses, covering all aspects of farm accounting and focusing on integrating accounting elements into a financial management system.
  4. (d)Instructor qualifications. All instructors must have:
    1. (1)Sufficient knowledge of the material and experience in adult education;
    2. (2)A bachelor's degree or comparable experience in the subject area to be taught; and
    3. (3)A minimum of 3 years experience in conducting training courses or teaching.