Latest News

Greetings to all NSAC members from the President!
It is hard to believe that the harvest season is here for many of our members! It does not seem that long ago that we were all talking about the wet/dry, hot/cold weather than seemed to stay around...
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COSO Releases Updated Enterprise Risk Management Framework
The Committee of Sponsoring Organizations of the Treadway Commission released a long-awaited update Wednesday to its ERM Framework: Enterprise Risk Management–Integrating with Strategy and...
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3 Steps To Protecting Your Business From Workplace Fraud
Every few months, a major fraud investigation hits the news. According to a new report titled Keeping Business Clean: A CGMA Guide to Countering Fraud & Corruption by the Association of...
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Companies shouldn't rush to adopt new hedge accounting standard
The Financial Accounting Standards Board released its long-awaited hedge accounting standard this week, but companies may want to be careful about adopting it early, or else they could miss out on...
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Embezzlement by Employees
In the cult film "Office Space", workers at a technology company seek revenge for boring jobs and bad treatment by ripping off their employer via software that skims fractions of pennies with each...
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Mission Statement and Long Range Goals

Mission Statement
Serve cooperatives by:

  • Providing accounting, tax and business education uniquely tailored to professionals working for and with cooperatives.
  • Providing networking and professional development opportunities for members, prospective members and others supporting the cooperative sector.
  • Participating in standard-setting and implementation processes enabling members to effectively apply those accounting standards.

Goals

  • Goal #1 - Providing a superior membership experience through increased use of technology.
  • Goal #2 - Rededicating resources nationally and with the chapters, in support of recruiting and retaining members.
  • Goal #3 - Strengthening the NSAC brand by focused outreach to those new to the profession, industry and cooperatives.
  • Goal #4 - Developing increased opportunities for networking and professional connections within membership.