General Article Archives
FASB ISSUES Accounting Standards Update 2025-09 DERIVATIVES AND HEDGING (Topic 815) – Hedge Accounting Improvements - November 2025
Summary Why Is the FASB Issuing This Accounting Standards Update? The FASB is issuing this Update to clarify certain aspects of the guidance on hedge accounting and to address several incremental hedge accounting issues arising from the global reference rate reform initiative. In 2017, the FASB issued Accounting Standards Update No. 2017-12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities, ...
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Growth, Debt, Discipline: The Cooperative Balancing Act
Electric cooperatives across the United States are operating in one of the most capital-intensive and inflation-sensitive environments in decades. Large-scale construction work plans—whether driven by load growth, reliability improvement, storm hardening, substation expansions, battery energy storage systems, or system modernization—require significant long-term financial commitments. At the same time, construction inflation, supply ...
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Volatility in Dairy Markets Calls for Risk Management
When it comes to dairy, Class III milk representing cheese and whey and Class IV milk featuring butter and milk powders are two cornerstones to milk pricing. Not only do these two categories price a significant portion of farmgate milk, the higher of Class III or Class IV in any given month sets the price for the highest value category- Class I fluid milk. So, it became concerning that Class III and Class IV milk futures spiraled downwards by $2 ...
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Year of the International Woman Farmer Spotlight: Laura Troost with Saticoy Lemon Association
As the National Society of Accountants for Cooperatives recognizes 2026 as the Year of the International Woman Farmer, we’re proud to spotlight women making a meaningful impact across the agricultural and cooperative landscape. Laura Troost, CPA – National Director for NSAC and Chief Financial Officer of Saticoy Lemon Association – brings a thoughtful, service-driven perspective to her work. In this Q&A, Laura reflects on ...
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The Cooperative Accountant Spring 2026
The Spring 2026 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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