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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Upcoming Events

May 2017
1 - 2 Pacific Northwest Chapter Annual Meeting
Yakima, WA
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18 North Central Chapter Annual Meeting
St. Paul, MN
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June 2017
1 - 2

Mid-West Chapter Annual Meeting
Wichita, KS
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11 - 13 Mississippi Valley Chapter Annual Meeting
French Lick Resort ‐ West Baden Springs Hotel
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15 - 16 Great Lakes Chapter Annual Meeting
Grand Rapids, MI
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25 - 27 South Atlantic Chapter Annual Meeting
Chateau LeMoyne, New Orleans
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Cooperative Learning Network

NSAC's group-live, educational teleconferences uniquely tailored for cooperatives
NSAC Cooperative Learning Network

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Upcoming CLN Workshop(s):
Advanced A&A Seminar 2017
May 2nd, 2017
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The ACA and the New Administration
May 16th, 2017
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