Russell Morgan, CAC

Statement of Qualifications

Mr. Morgan possesses over 38 years of agricultural consulting experience, providing farm business advisory services and financial / economic analyses. In his consulting practice, Mr. Morgan views his role as one of an educator. He touts himself more an advisor than consultant; aiming to teach clients How to address a matter (advising), rather than only providing a solution to the current matter (consulting).

Prior to starting a private consulting firm in 2003, Mr. Morgan was employed as an Area Specialist in Farm Management with the University of Kentucky (UK) Cooperative Extension Service. In that role, he provided supervised accounting and farm management consulting services to cooperating farmers in far Western Kentucky. Cooperative Extension is literally defined as “extended education”; a significant portion of Mr. Morgan’s assignment was one-on-one and group education. While on staff with UK, Mr. Morgan co-authored and/or participated in peer-reviewing various extension publications. In addition, he was tasked with presenting extension programs on a variety of topics including farm accounting, farm financial analysis, income tax rules for farmers and USDA programs impacting farms (e.g. new farm bills). While in graduate school, he taught a senior level farm management course while his major professor recovered from surgery. Educational instruction has been interwoven with Mr. Morgan’s endeavors throughout his career.

Mr. Morgan’s M.S. thesis “Economic Analysis of Waste Management Systems on Tennessee Dairy Farms” was used as a referential model for financial/economic evaluation of dairy waste management systems. From data in his M.S. thesis, Mr. Morgan co-authored (with Dr. Luther Keller) Experiment Station Bulletin 656 “Economic Comparisons of Alternative Waste Management Systems on Tennessee Dairy Farms”.

Education

• M.S. – University of Tennessee, Knoxville, 1987 – Master of Science in Agricultural Economics
• B.S. – University of Tennessee, Knoxville, 1982 – Bachelor of Science in Agricultural Economics with a concentration in Dairy Farm Management

Certifications

• Certified Agricultural Consultant (CAC) – 1996 to present – American Society of Agricultural Consultants

Affiliations

• American Society of Agricultural Consultants (ASAC) – 1994 to present (currently serving as CFO)
• Farm Financial Standards Council (FFSC) – 2016 to present (currently serving as Secretary/Treasurer)
• National Association of Tax Professionals (NATP) – 1988 to present