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

The Role of the Board of Directors and Audit Committee Within a Cooperative
Date: Tuesday, January 24, 2017
Time: 03:00 PM ET / 02:00 PM CT / 01:00 PM MT / 12:00 PM PT [Prevailing Time]
Presenter(s): Todd R Eskelsen, Partner, Schiff Hardin LLP.
Objective: An overview of the duties, legal responsibilities and issues related to service as a Director in a Cooperative, including the interaction of Directors with Officers and Members and how the Audit Committee fits into the “best practices” model of cooperative governance.
Field of Study: Business Law
Program Level: Basic
CPE Credit: 1 Credit Hour
Delivery Method: Group-Live

No advanced preparation or prerequisites are required for this course.

Course Description
This session will outline the responsibilities, hierarchies, authorities and practical interactions of members, directors and officers in a “best practices” cooperative and how the Board of Directors should discharge its responsibilities, including the cooperative governance role of the Board Audit Committee.
Learning Objectives:
1. Understand and appreciate the responsibilities, hierarchies, authorities and practical interactions of cooperative members, directors and officers in a “best practices” cooperative.
2. Understand and appreciate how cooperative Board of Directors operates so as to discharge its responsibilities in accordance with “best practices.”
3. Understand and appreciate the cooperative governance role of the Board Audit Committee in accordance with “best practices.”

Presenter Bio(s)
Todd R. Eskelsen is a partner in the Washington, DC Office of Schiff Hardin LLP. Mr. Eskelsen is a graduate of the Georgetown University Law Center and the University of Utah and is admitted to practice law in Maryland and the District of Columbia.

Mr. Eskelsen has extensive experience representing sole proprietorships, corporations, partnerships, limited liability companies and cooperatives in all phases of business organization, corporate and financial transactions and day-to-day operations. In particular, Mr. Eskelsen currently represents cooperatives in industries as diverse as the rice, sugar beet and other agricultural products, electrical component supply and insulation supply industries. In his career he has represented cooperatives in the agricultural, grocery, beverage bottling, office supplies and services purchasing, fast-food franchisee purchasing and mortgage banking industries. Such representations have involved cooperative issues under state corporate governance statutes and common law, federal and state tax laws (specifically including Internal Revenue Code Subchapter T), federal and state securities laws, antitrust laws and international trade. Among the transactions Mr. Eskelsen has implemented for his cooperative clients have been organization and incorporation, mergers & acquisitions, divestitures, liquidations, joint ventures (both national and international), financings, and security issuances. He also regularly advises on general day-to-day business activities and the business aspects of emergencies like recalls and governmental investigations and is well-versed in the peculiar issues under federal and state securities laws affecting cooperatives.

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