Latest News

No Delay in Lease Accounting Standard Effective Date
FASB will not be providing a last-minute reprieve on its lease accounting standard effective date, despite the concerns of financial statement preparers about the difficulty of implementing the new...
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Common Depreciation Missteps and Misconceptions: Demolition of Structures
In most cases, the demolition of a structure to facilitate construction of a new building increases the land value. Not only does the cost of demolition increase the value of the land, but also the...
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IRS Points to New Limits on Like-kind Exchanges
The Internal Revenue Service is reminding taxpayers Monday about a change under the new tax law that limits like-kind exchanges to exchanges of real estate and similar property. Under last...
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4 Steps to Prepare for the Future of Accounting
Time is running out to start getting ready for the technology-transformed, new-world accounting profession that is evolving at an increasing pace. What changes are coming? What steps should be taken...
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AICPA Drafts Guidance on Inventory Valuation
The American Institute of CPAs' Financial Reporting Executive Committee has posted an early working draft of guidance on inventory valuation guidance, with a goal of eventually publishing a broader...
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Best Practices

NSAC is proud to introduce a new benefit program for members and visitors. In recent years NSAC has been providing an outstanding live annual conference wherein many dynamic presentations have been given, addressing a wide variety of topics. In addition NSAC has hosted dozens of Cooperative Learning Networks or CLN’s which are web-based live interactive training sessions. In reviewing our inventory of information it became obvious that we should create another benefit for members and we have.

The library of available Best Practices will continue to grow and will be added to and updated regularly, and we have developed them into an easy to access and easy to read series of learning modules.

If you have a topic you would like to submit for a Best Practice, or if you would like to suggest a change/update to an existing Best Practice, simply identify the topic, provide the suggested change and forward to info@nsacoop.org, or call (937) 222-6707.

We are confident you will enjoy and find value in this new offering. 

Best Practices Article List Date Published
Keep Your Inbox from Running Your Workday November 30, 2018
10 Ways to Make Working From Home More Productive November 30, 2018
Password Management - Quick Reference for CPAs November 14, 2018
Managing Smartphone Use in the Office October 8, 2018
5 Tactics for Transforming Performance Reviews That Range From Ineffectual to Invaluable October 8, 2018
Seven Safeguards to Combat Payroll Fraud August 24, 2018
Ways to Manage Workplace Conflict Better August 24, 2018
8 Tips for Conducting a Great Virtual Meeting June 29, 2018
Best Practices: Top 10 Warning Signs of Workers Comp Fraud May 14, 2018
How Organizations Can Streamline the Month-end Close March 13, 2018
Best Practices: 9 Strategies to Finally Get Your Email Under Control February 19, 2018
Keeping Up with Rapid Changes in Technology January 18, 2018
The Case for Updating Your Policies and Procedures Manual November 22, 2017
How to Make a Professional Apology October 5, 2017
Eight Practices That Help Prevent Fraud in Your Agribusiness August 2, 2017
Best Practices: 10 Lessons Learned in Implementing New Rev Rec Guidance July 24, 2017
Best Practices: 10 Competencies of Top Staff Accountants April 18, 2017
Contractor or Employee? March 30, 2017
Business Succession Planning February 27, 2017
Disaster Recovery January 23, 2017
Best Practices: 10 Year-End Tax-Planning Tips for Individuals November 10, 2016
10 Tips on Amending a Tax Return October 19, 2016
Inventory Internal Controls June 30, 2016
Questions You Should Ask Your Cloud Provider June 30, 2016
Mobile Accounting May 3, 2016
Account Reconciliation April 1, 2016
Internal Controls To Prevent & Detect Fraud January 29, 2016
Myths and Realities about W-2 and 1099 Reporting January 29, 2016
Safe Computing Tips January 29, 2016