July 2016 Article Archives
Help Shape Cooperative Education: NSAC Call for Presentations
Do you have a topic you'd like to recommend for the next webinar or conference? Know an industry expert who would make a great presenter? Or are you or someone from your organization interested in sharing your expertise with the cooperative community? We'd love to hear your ideas! We're looking for: Timely topics and emerging issues that affect your cooperative. Recommendations for engaging speakers and subject matter ...
Read More
NSAC Announces 2026–2027 Scholarship Recipients
Investing in the next generation of leaders is one of the most meaningful ways NSAC supports the cooperative community. Through its annual Scholarship Program, the National Society of Accountants for Cooperatives is proud to help outstanding students pursue their educational goals while encouraging academic excellence, leadership, and lifelong learning. This year, NSAC received an impressive number of applications from exceptionally talented ...
Read More.png)
COMPASS 2026 Hits the Right Note in Nashville
COMPASS 2026 brought together cooperative tax, accounting, and finance professionals in the heart of Nashville from May 4–6, 2026, for three days filled with education, collaboration, and connection. This year’s conference continued to build on the strong foundation of COMPASS by providing attendees with valuable learning opportunities, meaningful networking, and memorable experiences that highlighted the strength of the cooperative ...
Read More
A Framework for Addressing Data Concerns for Cooperatives
INTRODUCTION Cooperatives accumulate tremendous volume of data in the performance of accounting processes. In today’s world, collecting data leads to inherent risks. Such risks include crimes from access to personal identifiable information (PII), commercial sabotage, ransomware, and a variety of other risks. In fact, there is a need to be concerned about losing physical control of that data with cloud services which increases the need ...
Read More
FASB ISSUES Accounting Standards Update 2026-01 EQUITY (Topic 505) – Initial Measurement of Paid-in-Kind Dividends on Equity-Classified as Preferred Stock - April 2026 Summary
Summary Why Is the FASB Issuing This Accounting Standards Update? The Board is issuing this Update to provide authoritative guidance on how an issuer should initially measure paid-in-kind (PIK) dividends on equity-classified preferred stock. The amendments do not affect an entity’s determination of when to recognize PIK dividends. Stakeholders expressed concerns that current generally accepted accounting principles (GAAP) do not address ...
Read More