General Article Archives
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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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The Case for a Co-op Mutualist Fund: Why Co-ops Should Fund Themselves
Future federal funding for co-op development, which was always small, is at risk. But co-ops have resources. Here’s how co-ops could self-finance their own development. Cooperatives are a vital tool to build collective wealth; meet social, economic, cultural, and ecological needs; and boost local power. Yet federal support for cooperative small business development is extremely limited. For example, in fiscal year 2024 alone, the US Small ...
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FASB ISSUES Accounting Standards Update 2025-06 INTANGIBLES-GOODWILL and OTHER-INTERNAL USE SOFTWARE (Subtopic 350-40) – Targeted Improvements to the Accounting for Internal-Use Software - September 2025
Why Is the FASB Issuing This Accounting Standards Update? The Board is issuing this Update to modernize the accounting for software costs that are accounted for under Subtopic 350-40, Intangibles—Goodwill and Other—Internal-Use Software (referred to as “internal-use software”). Feedback from preparer and practitioner stakeholders on the 2021 FASB Invitation to Comment, Agenda Consultation, indicated that the ...
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Balancing Mission and Modernization: The Future-Ready Finance Function in Electric Cooperatives
The financial landscape across all sectors is undergoing transformative change, driven by digital acceleration, workforce shifts, regulatory complexity, and the growing expectation for finance leaders to act not only as stewards of capital but also as strategic catalysts of organizational transformation. Deloitte’s 2026 Finance Trends Report (2025) identifies five emerging dynamics that are reshaping global finance functions: enhanced ...
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