Latest News
FASB issues proposal on cloud computing fees paid by customers
The FASB proposed providing guidance to customers on the accounting for fees paid in a cloud computing ...
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FASB Adds New Simplification Projects
The Financial Accounting Standards Board has added five more projects to its agenda ...
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IASB Vice-Chair Points to Convergence Failures
Ian Mackintosh, vice-chairman of the International Accounting Standards Board, described some of the failures of the convergence process...
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Former Employees: Gone But (Passwords) Not Forgotten
Security is a buzzword right now—from cyber security to password security, it’s got everyone talking. When it comes to employees and passwords, IT departments try to take all the necessary precautions to ensure the business is secure.
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NSAC Publications

NSAC provides a variety of training sessions, publications, and research tools to enhance the professional competence of its members and improve the level of service they can offer cooperatives.

  • The Cooperative Accountant is a quarterly technical journal featuring timely and useful information on cooperative tax, accounting, finance, and economic issues.

  • Financial Reporting by Cooperatives explains and offers examples of financial statement entries unique to cooperatives.

  • The Electronic Tax Library provides easy access to a searchable data base of IRS administrative rules and rulings and court cases concerning tax treatment of cooperatives. Available in the Members section of this website.

  • Welcome to Cooperatives is a basic explanation of how cooperatives are organized and operated, including equity management and tax treatment. It is must reading for new employees without a background in cooperation.