Latest News

Announcing the Newest Member Benefit: A Scholarship Program
The NSAC Board has approved a scholarship program for members and family. Members, their children, grandchildren, step grandchildren and legal guardians are eligible to apply. The application is...
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Everything You've Been Told About Passwords Is Wrong
The best security available is a combination of password, multi-factor authentication and biometrics, such as fingerprint or facial recognition. The US expert who wrote the standard for password...
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Selecting Lease Accounting Software What to Consider
In early 2016, the Financial Accounting Standards Board (FASB) issued the most significant change to financial reporting for leases in 40 years. For the first time, most operating leases will be...
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IRS Releases Updated Withholding Calculator and 2018 Form W-4
The IRS has completed updating its online withholding calculator that individual taxpayers can use to determine how many withholding allowances they should claim for 2018. The IRS also issued a new...
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FASB Proposes Changes in Accounting for Cloud Computing Costs
The Financial Accounting Standards Board issued a proposed accounting standards update aimed at improving how to account for the costs of implementing cloud computing. The proposed update would...
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NSAC Publications

NSAC provides a variety of training sessions, publications, and research tools to enhance the professional competence of its members and improve the level of service they can offer cooperatives.

  • The Cooperative Accountant is a quarterly technical journal featuring timely and useful information on cooperative tax, accounting, finance, and economic issues.

  • Financial Reporting by Cooperatives explains and offers examples of financial statement entries unique to cooperatives.

  • The Electronic Tax Library provides easy access to a searchable data base of IRS administrative rules and rulings and court cases concerning tax treatment of cooperatives. Available in the Members section of this website.

  • Welcome to Cooperatives is a basic explanation of how cooperatives are organized and operated, including equity management and tax treatment. It is must reading for new employees without a background in cooperation.

  • Membership Handbook provides an overview of the many publications, benefits, programs and structure of NSAC. This guide includes information on how to order extra items and how to find out more about all benefits available to members.
    View/Download Handbook