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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Best Practices

NSAC is proud to introduce a new benefit program for members and visitors. In recent years NSAC has been providing an outstanding live annual conference wherein many dynamic presentations have been given, addressing a wide variety of topics. In addition NSAC has hosted dozens of Cooperative Learning Networks or CLN’s which are web-based live interactive training sessions. In reviewing our inventory of information it became obvious that we should create another benefit for members and we have.

The library of available Best Practices will continue to grow and will be added to and updated regularly, and we have developed them into an easy to access and easy to read series of learning modules.

If you have a topic you would like to submit for a Best Practice, or if you would like to suggest a change/update to an existing Best Practice, simply identify the topic, provide the suggested change and forward to info@nsacoop.org, or call (937) 222-6707.

We are confident you will enjoy and find value in this new offering. 

Best Practices Article List Date Published
Best Practices: 10 Competencies of Top Staff Accountants April 18, 2017
Contractor or Employee? March 30, 2017
Business Succession Planning February 27, 2017
Disaster Recovery January 23, 2017
Best Practices: 10 Year-End Tax-Planning Tips for Individuals November 10, 2016
10 Tips on Amending a Tax Return October 19, 2016
Questions You Should Ask Your Cloud Provider June 30, 2016
Inventory Internal Controls June 30, 2016
Mobile Accounting May 3, 2016
Account Reconciliation April 1, 2016
Internal Controls To Prevent & Detect Fraud January 29, 2016
Myths and Realities about W-2 and 1099 Reporting January 29, 2016
Safe Computing Tips January 29, 2016