Latest News

FASB changes presentation of defined benefit costs
FASB issued an accounting standard that is designed to increase the transparency and usefulness of information about defined benefit costs for pension plans and other post-retirement benefit plans...

The ROI of Revenue Automation in a Post-ASC 606 World
The new revenue recognition standards issued jointly by the Financial Accounting Standards Board and the International Accounting Standards Board have been a long time in the making, and merging U.S....

FASB Clarifies Scope of Asset Derecognition Guidance
FASB issued a standard that clarifies the scope of its asset derecognition guidance and adds accounting guidance for partial sales of nonfinancial assets. The guidance is included in Accounting...

Nonqualified Patronage Distributions Provide Alternative for Coops
Cooperatives distribute member-based income to patrons in the form of patronage dividends. Historically, these took the form of qualified patronage dividends with a portion paid in cash and the rest...

IRS Warns W-2 Phishing Scam Is Spreading Wider
The Internal Revenue Service is cautioning a variety of organizations that the W-2 phishing email scam is now spreading to more organizations beyond corporate America, with schools, restaurants,...

Upcoming Events

January 2017
11 Pacific Northwest Chapter Annual Meeting
Wenatchee, WA
Registration Form
February 2017
23 - 24 Texas Chapter: The Cooperative Conference For Accountants, Bookkeeprs and Controllers
San Antonio, TX
Registration Form
April 2017
26 Great Lakes Chapter Meeting
Basic Coop Accounting Seminar
Middleton, WI
June 2017
11 - 13 Mississippi Valley Chapter Annual Meeting
French Lick Resort ‐ West Baden Springs Hotel
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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):
Washington Update 2017
April 6th, 2017
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Business Continuity Planning
April 13th, 2017
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Advanced A&A Seminar 2017
May 2nd, 2017
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The ACA and the New Administration
May 16th, 2017
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