Latest News

Revenue Recognition Disclosure Requirements: A Challenge That Can't Wait
FASB's revenue recognition standard includes complex disclosure requirements that will take effect sooner than companies think. As companies scramble to implement the FASB's revenue recognition...
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IRS Enforcement Activities Dropped in 2016
The IRS reported several large drops in its enforcement activities in fiscal year 2016, including a 16% drop in audits, a 40% drop in levies, and a 9% drop in liens compared to the prior year. These...
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Rules Proposed for Accounting Method Changes to Reflect FASB Revenue Recognition Standards
The IRS is asking for comments on proposed procedures for requesting consent to make accounting method changes to reflect FASB's new revenue recognition standards (Notice 2017-17). The proposed...
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Proposal on Inventory Disclosures
The FASB proposed requiring all entities to make additional disclosures regarding changes in inventory that are outside the normal purchase, manufacture or sale of inventory and the composition of...
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Reminder About Setting Effective Tax Rates
With companies once again setting their annual effective tax rates, we'd like to remind you of some basic principles. The tax provision for the year is the same whether a company prepares only annual...
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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.