What is NSAC's Cooperative Learning Network?
A NSAC Cooperative Learning Network is a live, interactive 60-minute conference presented over the telephone and over the Internet. You can attend from any location that has telephone and Internet access. You pay just one registration fee for as many participants as you wish at each call/log-in location.

Note that high-speed Internet access is not mandatory – the system works with dial-up but you must have separate connections for the audio and video portions. You may use cell phones for the audio if you have only one connection.

Who presents at one of these sessions?
Your Cooperative Learning Network will have one or more speakers who are recognized experts on the topic. Conferences typically include a Q&A session; you can ask questions by phone or instant messaging options.

CPE Credits
The National Society of Accountants for Cooperatives (NSAC) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors through its website: www.learningmarket.org.

Delivery Method: Group-Live.

CLN Policies
Refunds for CLNs are not provided. Registrants if unable to participate will be provided credit for a future CLN or may opt to be sent a copy of the CLN PODCast following the event. Note PODCasts are not eligible for CPE credit.

For more information regarding refund, complaint and/or CLN cancellation policies, please contact our offices at (937) 222-6707 or info@nsacoop.org.

What does my registration include?
Your registration includes long-distance charges for the audio portion and log-in to the video presentation. All handouts and presentation files are downloadable and may be printed out or saved to the participant's computer once they are logged in to the session meeting room. Sessions include one CPE Certificate of Attendance. Certificates for additional participants are $10.00 each.

Why NSAC Cooperative Learning Networks?

No wasted time. Get right to the heart of the matter in a 60-minute session designed to easily fit into your busy schedule.

No airlines. No travel. No time out of the office. Listen and follow along from the comfort and convenience of your desk or conference room.

A telephone and computer are all the equipment you need. Just dial in and log-in to the system. That's it.

Ideal for multiple attendees.
Use a speakerphone and projector and invite as many people as you want to participate - at no extra cost to you.

NSAC Cooperative Learning Networks are a fraction of the cost of travel and attendance fees for other high-priced conferences or seminars.

Cooperative Learning Network

Navigating Extraordinary Gains & Losses, Options in the Coop Setting
Date: Tuesday, October 25, 2016
Time: 12:00 PM ET / 11:00 AM CT / 10:00 AM MT / 09:00 AM PT [Prevailing Time]
Presenter(s): Sharon Appelt, Tax Director, Darigold, Inc: Michael Fincher, Senior Manager, Deloitte Tax, LLP.: Bob Glass, Director of Taxes, Land O'Lakes
Objective: This one hour session addresses options for cooperatives in treating extraordinary gains & losses. 
Field of Study: Finance
Program Level: Basic
CPE Credit: 1 Credit Hour
Delivery Method: Group-Live

No advanced preparation or prerequisites are required for this course.

Course Description
Join Sharon Appelt, Tax Director, Northwest Dairy Association; Michael Fincher, Senior Manager, Deloitte Tax LLP and Bob Glass, Director of Taxes, Land O' Lakes as they host this one hour session addressing the options for cooperatives in treating extraordinary gains & losses.  Such gains and losses may be derived from the sale of a headquarters building, a processing facility, a subsidiary, or unusual gains from insurance settlements or legal settlements.  Issues may arise as to whether the transaction is patronage or nonpatronage and how to allocate the gain or loss

Presenter Bio(s)
Sharon Appelt is Tax Director for Northwest Dairy Association and its marketing subsidiary Darigold, Inc. headquartered in Seattle. Sharon has worked 20 years with cooperative tax issues. Before joining Darigold, Sharon worked with PriceWaterhouse Coopers and the Boeing Company. Sharon is a member of the NSAC Tax Committee and Tax Executive Institute. Her education background includes a B. B. A. degree with a concentration in Marketing and a M. S. degree in Accountancy from the University of Houston, and a M. S. degree in Taxation from Golden Gate University. Sharon is a Certified Public Accountant in Washington State.

Michael Fincher is a Senior Manager in the Minneapolis office of Deloitte Tax LLP, with over 13 years of experience assisting clients in the area of corporate and cooperative taxation. He specializes in cooperative taxation and corporation reorganizations and consolidations (including mergers and acquisitions, spin-offs, liquidations, and dispositions). During his career with Deloitte, Michael spent two years in the National Tax office of Deloitte, located in Washington, D.C., as part of a Managment Development Program assignment in the Subchapter C Group. In addition to his client responsibilities, Michael lead Deloitte sponsored training seminars in the area of corporate reorganizations, mergers and acquisitions, and accounting periods and methods at the local, regional, and national level on a regular basis. In addition,Michael is an adjunct professor at the University of Minnesota, Carlson School of Business, where he teaches the corporate consolidated returns course in the Master of Business Taxation program. Michael is a memeber of the American Institute of Certified Public Accountants, the Tax Committee of the National Society of Accounts for Cooperatives, and he is licensed certified public accountant in the District of Columbia and the states of Minnesota and South Dakota. Michael holds a Masters of Science in Taxation degree from American University, a Masters of Professional Accountancy degree, and a Bachelors of Science in Business Administration degree, both from the University of South Dakota.

Bob Glass - Land O'Lakes

A PODCast of this workshop is now availble. Click here to order/view.

Additional Information

For more information regarding this series or administrative policies such as complaint and refund, please contact the NSAC National offices, 136 S. Keowee St., Dayton, OH 45402, 937-222-6707, email: info@nsacoop.org