Accounting and finance are key elements of any business, including those in the wine industry. Learn the tax and financial accounting issues vital for vineyards and wineries ranging in size from 5K to 100K+ cases. Designed for vineyard and winery owners, as well as CFOs, COOs, controllers, accounting managers, CPAs and attorneys, this course will take you from the start-up phase through the operational phase of your vineyard and winery. By the end of the course, you’ll be able to confidently establish a business plan and successfully apply accounting principles for both developing and operational vineyards and wineries.

Learning Outcomes

• Propose a business plan for structuring your business today and into the future
• Recognize the importance of budgeting and planning
• Review business tax, estate tax and individual tax planning
• Compare accounting methods and GAAP vs tax differences in accounting
• Analyze financial statements, tax laws, depreciation of vineyard and winery assets, and working with lenders and debt ramifications
• Discuss inventory costing and the benefits of being a farmer under the tax code

Skills You Will Gain

• Accounting
• Finance
• Business

Course Format and Pacing
This online course includes four (4) weekly live, instructor-led, 90-minute Zoom sessions. Students will access the course through Canvas, UC Davis CPE’s learning management system. All live sessions will be recorded and made accessible to students; however, active participation in the live sessions is encouraged to fully benefit from the course and achieve the best learning outcomes