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...
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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....
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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...
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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...
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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,...
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National Standing Committees

NSAC has national standing committees that support the mission and goals of the society. Each committee is made up of members who volunteer their services. Committee members are expected to participate in conference calls and/or meetings, and to contribute to the mission of the committee. This may take the form of writing articles for our publications, leading an educational program, speaking at chapter or national technical sessions, assisting in advocacy efforts for our members, etc. The committee chairs generally serve for several years and are appointed by NSAC’s executive committee of the board of directors.

Accounting & Auditing
Audit & Finance
Canadian Membership Development
Chapter Development
Education
Membership Development
National Program Planning
Small Cooperative
Tax

Members will find information about these committees by clicking on the appropriate link under National Standing Committees in the Members Only section.