Hot Topics Article Archives - Page 67
FASB's New Guidance on the Definition of a Business
The FASB changed its definition of a business in an effort to assist entities with evaluating whether a set of transferred assets and activities is a business. The changes will likely result in more acquisitions being accounted for as asset acquisitions rather than business combinations. The new guidance will require an entity to first evaluate whether substantially all of the fair value of the gross assets acquired is concentrated in a single ...
Read MoreMembership Campaign 2017
The NSAC Membership Committee is once again seeking and supporting your efforts to help enroll new members to the Society. As a token of the organization's appreciation, all members will receive a portable power bank charging device in the coming weeks. We hope this device will be used and serve as a reminder of our need for members to serve as ambassadors. The new member recruiting campaign for 2017 will award a $200 gift card to anyone who ...
Read MoreKenneth Spearman's Passing
It is with sad hearts that we share the news that past NSAC president Kenneth Spearman recently passed. Ken was president of NSAC in 2002-2003. During that time he worked for Citrus Central in Florida as well as Florida's Natural Growers Cooperative. In 2009, Ken became a board member on the Farm Credit Administration, appointed by then President Obama. In March of 2015 Ken became Chairman and CEO of the FCA and chairman of the board of ...
Read MoreWebsite Updates: Best Practices, Latest News, and Career Opportunities Page
When you access the NSAC website and allow your cursor to hover over the Benefits tab of the site, there are two categories listed in the benefits that would be good for you to be aware. The Best Practices tab will take you to a new “library” of resources for a variety of different issues. The list is growing and we ask that you think of this section as a “Wikipedia” approach in that, if you review a practice and ...
Read MoreChapter Annual Meetings/CPE Documentation
If you are involved with chapter leadership please remember that the chapter recognition program form needs to be completed and returned by May 31. You can access the 2017 CRP by clicking here. If you are responsible for coordinating and submitting documentation for your chapter's CPE completion, please contact the NSAC Headquarters at (937) 222-6707, or email. Chapter CPE documentation, we must receive your program with the field of study ...
Read More