The National Society of Accountants for Cooperatives (NSAC) is the only professional organization dedicated to providing education, resources and connections to professionals exclusively involved in the financial management and planning of cooperatives.
Joining the NSAC connects you with a vibrant network of professionals and industry experts in the cooperative sector, fostering collaboration and knowledge sharing. Members gain access to specialized education through events, webinars, and seminars tailored to cooperative tax, accounting, and finance. With resources like "The Cooperative Accountant" and CONNECT, our exclusive platform, NSAC supports your professional growth while keeping you informed on industry trends.
NSAC is headed to Music City!We’re thrilled to announce that The Cooperative COMPASS—pointing accounting, tax, and finance professionals in the co-op industry towards an extraordinary educational and networking experience—is coming to Nashville, Tennessee, May 4–6, 2026, in partnership with NSAC’s Atlantic Chapter. Set against the backdrop of live music, Southern hospitality, and a city that knows how to mix ...
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Join us for an insightful Cooperative Learning Network (CLN) webinar focused on the fundamentals of Last In, First Out (LIFO) inventory accounting from a tax perspective. Specifically, you’ll learn what is LIFO, why you might or might not want to adopt LIFO and how it works. This session is ideal for accounting professionals in cooperatives seeking to strengthen their knowledge of inventory accounting methods and their tax implications.
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SAVE THE DATE! Join us for the 2025 Far Western and Pacific Northwest Annual Meeting, taking place July 16–18, 2025, in vibrant Seattle, Washington. Designed for cooperative tax and accounting professionals, this conference offers an exceptional blend of education and networking opportunities. Expand your expertise with informative sessions and workshops, earn CPE credits, all while connecting with professionals in your local area.
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Please join us for the Electric Cooperative Chapter Annual Meeting, being held virtually Thursday, July 18th. The meeting will discuss current activities within the chapter, and other important topics. There will also be Prize Drawings. Looking forward to seeing you there!Starts: July 22, 2025 02:00 PM (EST)Ends: July 22, 2025 02:30 PM (EST)Zoom: Please log into Connect for login instructions.
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Generative AI offers significant opportunities to improve efficiency in finance processes by automating routine workflows and enhancing data analysis. It enables faster insights that support decision-making and compliance. By streamlining operations and reducing manual effort, finance teams can focus on higher-value activities that drive business outcomes while maintaining accountability. Learn how adopting this technology can help your business ...
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The National Society of Accountants for Cooperatives is thrilled to celebrate its 90th Anniversary—a milestone marking nine decades of supporting professionals in cooperative financial management and planning while advancing the cooperative model. Since 1935, NSAC has been the go-to for industry-specific education, resources, and connections. We’re kicking off the celebration in style at COMPASS, where attendees, both virtual ...
This article explores the evolving role of Artificial Intelligence (AI), particularly Generative AI (GenAI), in financial statement audits, highlighting its practical applications, adoption trends, and oversight considerations. It examines insights from the Public Company Accounting Oversight Board (PCAOB) regarding GenAI’s current uses in administrative audit functions and the associated governance challenges. The article details how ...
The Summer 2025 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.
Introduction As electric cooperatives evaluate the implementation of Distributed Energy Resources (DERs) Programs, finance professionals must carefully evaluate financial, regulatory, and operational impacts of any programs under consideration. A well-structured DER program for an electric cooperative aligns technology, infrastructure, financial models, policy, and consumer engagement to maximize grid reliability, cost-effectiveness, and member ...
