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Top Stories in Accounting in 2014
If you thought the webinar had changed continuing professional education, wait until some of things talked about in the American Institute of CPAs’ “Future of Learning” report come about.

Boards complete redeliberations of the definition of a lease
The FASB and IASB (collectively, the Boards) decided against adding an additional requirement to their proposed definition of a lease

Substantiating Expenses: All or Nothing 
Under Sec. 274(d), for certain expenses, taxpayers are required to be able to provide specific detailed information to substantiate the expenses. As the recent case of Garza, T.C. Memo. 2014-121, demonstrates, this is an all-or-nothing proposition

Ben Affleck Will Star as 'The Accountant''! What?
In what may prove to be either a casting coup or a disaster in the making, Ben Affleck is set to star in an action thriller entitled “The Accountant.”

No more extraordinary items: FASB simplifies GAAP
TA FASB initiative designed to simplify GAAP has yielded its first standard: The board is eliminating the concept of extraordinary items from GAAP.

Upcoming Events

January 2015
29 Pacific Northwest Chapter
Annual Fruit Industry Seminar
June 2015
4-5 Mid-West Annual Chapter Meeting
August 2015
3-6 2015 Tax and Accounting Conference for Cooperatives
Denver, CO

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Cooperative Learning Network

NSAC's group-live, educational teleconferences uniquely tailored for cooperatives
NSAC Cooperative Learning Network

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Upcoming CLN Workshop(s):
Economic Update
March 4th, 2015
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Washington Update
March 10th, 2015
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NSAC Three-Hour Advanced Co-op Accounting Course
March 26th, 2015
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Getting More Done in Less Time
March 31st, 2015
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COSO: From Treadway to the Cube, Fighting Fraud and Corruption in the Coop Environment
April 21st, 2015
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