Latest News

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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Mission Statement and Long Range Goals

Mission Statement
To be the acknowledged leader in:
• providing accounting, tax and business education uniquely tailored to cooperatives;
• providing networking and professional development opportunities for our membership; and
• supporting cooperative business interests in standard setting processes enabling our membership to effectively serve cooperatives

Goals
Goal #1 Identify and respond to relevant accounting and tax issues on a timely basis
Goal #2 Identify opportunities for collaboration with other cooperative groups
Goal #3 Generate a positive operating income.
Goal #4 A net gain in membership and achieving at least a 90% renewal rate.
Goal #5 Provide support and guidance to enhance chapter effectiveness.
Goal #6 Enhance and expand educational programs