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When Is It OK To Throw Out Old Tax Documents?
After every tax season, it’s tempting to do some spring cleaning, which often includes a massive dump of recently filed tax data.  While many firms have migrated to paperless records, many still...
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Private-Company Relief From Accounting Consolidations Coming
FASB in July will propose steps to make it easier for private companies to determine if they must consolidate onto their balance sheets a variable interest that they have in another entity that is...
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Don't Be Held For Ransomware
Five fundamental steps your company can follow to curb its chances of falling victim to a ransomware attack.  If there’s a positive spin that can be placed on last month’s ransomware attacks,...
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Lease Accounting Standard Leaves Companies With Questions
As companies get ready for the new lease accounting standard, they’re coming across a variety of complications and questions before the standard takes effect in the next few years.  Deloitte...
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Companies Making Slow Progress on Revenue Recognition Standard
Many businesses are slow-walking to implementing the revenue recognition standard, even as the effective date approaches next year.  KPMG polled a group of financial executives during...
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The National Society of Accountants for Cooperatives (NSAC) is a professional society, formed in 1936, comprised of approximately 2,000 individual members actively involved with the financial management and planning of cooperative business. NSAC members are either employed by a cooperative or provide professional services for cooperatives. They include, but are not limited to, accountants, chief financial officers, auditors, bookkeepers, chief executive officers, attorneys, bankers, tax professionals and other finance and accounting employees of cooperatives.

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