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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Welcome To Cooperatives

The Cooperative Accountant (TCA)Does your cooperative or firm have new employees who are unfamiliar with cooperative principles and practices? Do your members and employees understand the responsibilities of the individual manager, the directors, the members and all employees? Do they know how a cooperative differs from an individually owned business, a partnership or other types of corporations? Could they benefit from information about the many types of cooperatives in their community, the benefits of cooperation or an explanation of basic cooperative equity management and taxation?

This new 58 page publication will bring clearer understanding to what a co-op is and how it serves its members. You can provide the answer to these questions and many more by downloading copy/copies of Welcome to Cooperatives which is free to NSAC members.

Download the pdf version (Members Only)

Non-Member Ordering Fees
1 - 10 copies $7.50 per copy
11 - 25 copies $6.00 per copy
26 - 50 copies $5.50 per copy
51 - 75 copies $5.00 per copy
76 + copies $4.50 per copy
Online Order Form