What is NSAC's Cooperative Learning Network?
The NSAC Cooperative Learning Network is a live, interactive webinar, and you can attend from any location with internet and/or telephone access. NSAC members can attend an unlimited number of CLNs at no charge!

Who presents the information for one of these courses?
Each Cooperative Learning Network will have one or more speakers who are recognized experts on the topic. CLNs typically include a Q&A session where participants can ask questions live or by chat.

CPE Credits
The National Society of Accountants for Cooperatives (NSAC) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors through its website: www.learningmarket.org.

Delivery Method: Group-Live.

CLN Policies
Refunds for CLNs are not provided. Member registrants, if unable to participate, will be provided with a link to the PODCast. Note PODCasts are not eligible for CPE credit.

For more information regarding refund, complaint and/or CLN cancellation policies, please contact our offices at (937) 222-6707 or info@nsacoop.org.

What does my registration include?
Your registration includes long-distance charges for the audio portion and log-in to the video presentation. All handouts and presentation files are downloadable and may be printed out or saved to the participant's computer once they are logged in to the course meeting room. Sessions include one Certificate of Attendance. Certificates for additional participants are $10.00 each.

Why NSAC Cooperative Learning Networks?

Fast.
No wasted time. Get right to the heart of the matter in a course designed to easily fit into your busy schedule.

Convenient.
No travel. No time out of the office. Listen and follow along from the comfort and convenience of your desk, device or conference room.

Easy.
A computer, device and/or telephone are all the equipment you need.

CLNs are ideal for multiple attendees. Registrants may use a monitor and speakers/speakerphone and invite others to participate - at no extra cost to you. Additional attendees seeking CPE credit for viewing the session will incur a $10 fee per certificate request.

Affordable.
NSAC Cooperative Learning Networks are free for members and available to non members at a fraction of the cost of travel and attendance fees for other high-priced conferences or seminars.

For more information contact the National Office at 937-222-6707 or email to: info@nsacoop.org

Cooperative Learning Network

FIN 48 - IRS and Financial Statement Reporting Issues
Date: Thursday, October 07, 2010
Time: 11:00 AM ET / 10:00 AM CT / 09:00 AM MT / 08:00 AM PT [Prevailing Time]
Presenter(s): Rick Olson, CPA, LarsonAllen, Minneapolis, MN
Objective: Hear about ASC 740-10; the current accounting standard for uncertain tax positions (“UTP”) and gain understanding of disclosure requirements.
Field of Study: Taxes and Accounting
Program Level: Basic
CPE Credit: 1 Credit Hour
Delivery Method: Group-Live

No advanced preparation or prerequisites are required for this course.

Course Description
This session will address both the tax and accounting implications of implementing the "Uncertain Tax Position" provisions of accounting for income taxes. Included in our discussion will be steps for identifying and assessing uncertain tax positions, the relationship between the auditor and the tax return preparer in assessing these positions, and other related reporting initiatives.

Presenter Bio(s)
Rick Olson, CPA, is a tax principal in LarsonAllen's manufacturing and distribution practice and is also responsible for directing the firm's tax outsourcing practice and cooperative tax practice. He has prior corporate tax experience as tax director at both Land O'Lakes, Inc. and Secure Computing Corporation. As a member of Tax Executives Institute ("TEI") and past president of their Minnesota Chapter, he chaired TEI's Advanced Technology Committee at both the National and the local chapter level. In this capacity, he provided leadership in identifying technology solutions for implementing tax best practices. He is the author of Corporate Income Tax Provision Checklists, published by WG&L Financial Reporting and Management Publications, a division of Thomson Reuters. He has a long history with the National Society of Accountants for Cooperatives ("NSAC"), serving two three year terms as a National Board Member of NSAC and one term as president of the Mid Central Chapter of NSAC, as well as serving as the Tax Committee’s Vice Chair for four years.

A PODCast of this workshop is now availble. Click here to order/view.

Additional Information

For more information regarding this series or administrative policies such as complaint and refund, please contact the NSAC National offices, 136 S. Keowee St., Dayton, OH 45402, 937-222-6707, email: info@nsacoop.org

The National Society of Accountants for Cooperatives (NSAC) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org