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,...
Board of Directors
*Stanley Mitchell, CFO
P.O. Box 263
Dorchester, NE 68343-0263
Tel: (402) 946-2211; Fax: (402) 946-2062
*Jeff Brandenburg, CPA, CFE
Great Lakes Chapter
8215 Greenway Boulevard, Suite 600
Middleton, WI 53562
Tel: (608) 662-8600; Fax: (608) 662-9142
*William Miller, CPA
Electric Co-op Chapter
Bolinger, Segars, Gilbert & Moss, LLP
8215 Nashville Avenue
Lubbock, TX 79423
Tel: (806) 747-3806; Fax: (806) 747-3815
North Central Chapter
Land O’Lakes, Inc.
P.O. Box 64101
St. Paul MN 55164
Tel: (651) 375-2929
*Jo Ann Fuller
*Christy Norton, CPA
* Indicates Executive Committee Member