Latest News

FASB issues new financial instruments recognition and measurement standard
FASB issued a new standard designed to improve the recognition and measurement of financial instruments through targeted changes to existing GAAP.
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IASB issues leases standard; FASB to follow
The International Accounting Standards Board (IASB) issued a much-anticipated new accounting standard.
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Controversial charitable donation rules withdrawn
The IRS announced that it is withdrawing proposed regulations released last September that would have allowed charities to file information returns with the IRS and donors.
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Dealing with IRS Tax Notices
Receiving a tax notice from the IRS or a state department of revenue may not be what you were hoping for in the day’s mail. But in many cases the notice can be resolved both quickly and painlessly.
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The Tax Extenders in Detail
The Protecting Americans from Tax Hikes Act of 2015 extends a number of important tax breaks, and makes many of them permanent.
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The Writing Is on the Wall
Accounting systems are moving to the cloud.
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Upcoming Events

January 2016
13-14 Great Lakes & Mississippi Valley Chapters Joint Meeting
Bloomington, IL
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Registration Form
19 Electric Coop Chapter
Webinar
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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):
Private Company Council Why Its Important to Coops
February 10th, 2016
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Advanced A&A Seminar
February 17th, 2016
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Accounting Update
March 10th, 2016
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Social Media
March 23rd, 2016
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Merger & Acquisition Issues for Coops
April 6th, 2016
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