Latest News

Five Things to Consider Under the New Lease Accounting Standards
The Financial Accounting Standards Board (FASB) released the long-awaited lease accounting standard on Feb. 25. The first exposure draft on the topic was originally released in August 2010 and has...

The Raw Nerve of Materiality
FASB’s plan to use only the U.S. Supreme Court’s definition of materiality draws fire. Last year, when the Financial Accounting Standards Board first proposed jettisoning existing...

New Product or Different Presentation?
Courts and the IRS differ over a key qualification for the domestic production activities deduction. Since its inception, the Sec. 199 domestic production activities deduction (DPAD) has caused...

FASB Proposes to Streamline Goodwill Impairment Tests
The Financial Accounting Standards Board is proposing to simplify the test for goodwill impairment for public companies and nonprofits similar to recent accommodations it made for private...

FASB Makes Additional Revenue Recognition Clarifications
FASB issued a third round of clarifications to its revenue recognition standard recently, focusing on narrow-scope changes and practical expedients.  In coordination with the International...

Upcoming Events

May 2016
16 - 17 Pacific Northwest Chapter Annual Meeting
Yakima, WA
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25 - 26 North Central Chapter Spring Meeting
Alexandria, MN
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June 2016
2 - 3 NSAC Midwest Chapter Annual Meeting
Wichita, KS
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12 - 14 South Atlantic Chapter Annual Meeting
St. Augustine, FL
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12 - 14 Mississippi Valley Annual meeting
Lake of the Ozarks, MO
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16 - 17 Great Lakes Chapter Annual Meeting
Wisconsin Dells, WI
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Tommy Bartlett Show
July 2016
31 - August 3 Tax, Finance & Accounting Conference for Cooperatives
Washington DC
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Cooperative Learning Network

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NSAC Cooperative Learning Network

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Upcoming CLN Workshop(s):
June 28th, 2016
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