NSAC Happenings and Latest News
FASB ISSUES Proposed Accounting Standards Update (exposure draft) DERIVATIVES AND HEDGING (Topic 815) and REVENUE FROM CONTRACTS WITH CUSTOMERS (Topic 606)
The Board is issuing the amendments in this proposed Update to address stakeholders’ concerns about (1) the application of derivative accounting to contracts with features based on the operations or activities of one of the parties to the contract and (2) the diversity in accounting for a share-based payment from a customer that is consideration for the transfer of goods or services. The proposed amendments are expected to (a) reduce the ...
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The Cooperative Accountant Fall 2024
The Fall 2024 issue of The Cooperative Accountant (TCA) has been released! Focusing on cooperative-related issues, such as accounting and auditing, finance, cooperative management, legal and regulatory issues and taxation, this journal has become widely recognized as the industry standard. NSAC members, please log into Connect to view or download the latest issue.
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Workplace Bullying: What it is and What to do about it
Workplace Bullying: What it is and What to do about it Workplace bullying is defined as “situations where an employee repeatedly and over a prolonged period is exposed to harassing behavior from one or more colleagues (including subordinates and leaders) and where the targeted person is unable to defend him/herself against this systematic mistreatment” (Nielsen & Einarsen, 2018, p.73). While the negative effects of ...
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NSAC Elects New Board of Directors for 2024-2025 Term
The National Society of Accountants for Cooperatives (NSAC) is pleased to announce the new Board of Directors for the 2024-2025 term. The Board of Directors aids in determining the culture, strategic focus, and overall direction of the NSAC. The Board supports NSAC’s mission of serving cooperatives by providing accounting, tax and business education uniquely tailored to professionals working for and with cooperatives; providing networking ...
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NSAC Welcomes Erik Gillam as National President
August 30, Centerville, OH – The National Society of Accountants for Cooperatives (NSAC) is pleased to announce that Erik Gillam, CPA, Partner at Aldrich CPA’s + Advisors, has been named NSAC National President for the 2024-2026 term. Founded in 1936, NSAC is a professional society with approximately 1,600 members who are dedicated to the financial management and planning of cooperative businesses. The organization uniquely serves ...
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