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...

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...

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...

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...

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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Upcoming Events

May 2019
Pacific Northwest Chapter Annual Meeting
May 16-17, 2019

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June 2019
Great Lakes Chapter Annual Conference
June 13-14, 2019

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Mississippi Valley Chapter Annual Meeting
June 22-23, 2019

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South Atlantic & Capitol Chapter Annual Meeting
June 23-25, 2019

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Cooperative Learning Network

NSAC's group-live, educational teleconferences uniquely tailored for cooperatives
NSAC Cooperative Learning Network

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Upcoming CLN Workshop(s):
02-21-19 NSAC Basic A&A Session 2
February 21st, 2019
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Financial Ratios
March 7th, 2019
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Intermdiate A&A Session
April 9th, 2019
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Understanding Hedge Accounting & Reporting and Avoiding the Pitfalls
May 8th, 2019
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