Welcome to the NSAC Website!
What Is NSAC? The National Society of Accountants for Cooperatives(NSAC) is comprised of professionals actively involved with the financial management and planning of cooperative business. NSAC strives to provide accounting, tax and business education uniquely tailored to cooperatives, supports cooperatives in business interests, and offers networking and professional developement opportunities.
What Members Say about NSAC
I am retiring at the end of the month and I will be staying in NSAC as a retired member. “It's been a good 30 years of active membership. I met lots of good people and received lots of valuable information. My replacement has already joined NSAC”.
RP (Ron Peterson) Minnesota.
NSAC's group-live, educational teleconferences uniquely tailored for cooperatives
Upcoming CLN Workshop(s):
Coop Law for HR
May 10th, 2016
May 18th, 2016
June 28th, 2016
Grand Hyatt in Washington D.C.
Tax, Finance & Accounting
Conference for Cooperatives
NSAC + NRECA = Collaboration between Cooperatives
July 31 – August 3, 2016 | Washington, DC
An unparalleled education event in cooperation with the National Rural Electric Cooperative Association. The partnership between NSAC and NRECA means more learning opportunities and a chance to broaden the networks of co-op financial professionals.
New Leasing Standard Could Benefit Companies
The Financial Accounting Standards Board’s new lease accounting standard could have some positive payoffs for companies if they take a careful approach to implementing it. FASB released the...
FASB Streamlines Move to Equity Method of Accounting
The Financial Accounting Standards Board has issued an accounting standards update making it easier for companies to transition to the equity method of accounting. Stakeholders told FASB that the...
How Cooperatives Measure Earnings Affects Patronage Refunds
Patronage refunds are one of the main differentiating factors between a cooperative business and a regular corporation or other business entity. One of the major parts of the statutory definition of...
FASB Releases Lease Accounting Standard
The Financial Accounting Standards Board issued its long-awaited Lease Accounting Standard, one of the major convergence projects on which it has collaborated for a decade with the International...
The Expanding View of Expense Management
With its origins in paper trails and manual processes, travel and entertainment expense reporting historically has been more of a black box for accounting professionals than a source of financial...