Accounting, tax, finance and business education uniquely tailored to cooperatives.

The National Society of Accountants for Cooperatives

The only professional organization dedicated to providing education, resources and connections to professionals exclusively involved in the financial management and planning of cooperatives.

The National Society of Accountants for Cooperatives (NSAC) is comprised of professionals actively involved with the financial management and planning of cooperatives. The Society strives to provide accounting, tax, finance and business education uniquely tailored to cooperatives, supports cooperatives in business interests, and offers networking and professional development opportunities and connections.

Events

Upcoming Events  |  CLN Workshops
2025 Technical Exchange
January 27 - 28, 2025

2025 Technical Exchange

Unlike any other, the 2025 Technical Exchange is here to immerse you in an extraordinary one-and-a-half-day fly-in event. Join us on January 27-28, 2025, and prepare to be part of something exceptional. Collaborate with top experts and peers within a small group setting. This facilitates intimate conversations centered around the challenges specific to your cooperative or the cooperatives you're engaged with. Walk away with actionable insights ...

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Educating Your Workforce on Retirement Planning
October 22, 2024

Educating Your Workforce on Retirement Planning

Discover how to effectively empower your workforce by understanding the current retirement savings landscape, including average 401k balances and industry trends. Learn to foster a culture that values benefits and enhances worker productivity through insightful education sessions. Gain invaluable insights into fiduciary responsibility and 404c protection, ensuring the protection of participants' interests. E

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Financial Dashboards for Internal Management Use
October 30, 2024

Financial Dashboards for Internal Management Use

Unlock the power of financial data for driving informed decisions. Discover the critical financial information that fuels the decision-making process for managers and the C-suite, empowering them to steer your cooperative toward success. Dive into real-world examples showcasing how organizations leverage dynamic dashboards to transform mountains of data into actionable insights in real-time. Explore firsthand how savvy leaders harness these ...

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Property Insurance: Alternative Strategies & Solutions
November 7, 2024

Property Insurance: Alternative Strategies & Solutions

Join us for this 60-minute Zoom where Ross Milne, VP, Food & Agribusiness, Cottingham & Butler will provide an updated overview of the current property market and analyze the key factors shaping the landscape. The session will explore market drivers and present our outlook for 2025. But more importantly, we'll dive deeper into actionable strategies designed to help you achieve better outcomes in both the short and long term.

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Joint Ventures and Partnership Issues and How LLC Agreements Can Complicate
November 12, 2024

Joint Ventures and Partnership Issues and How LLC Agreements Can Complicate

This session deep dives into the intricate world of collaborative business structures, offering insights into the challenges and potential complications inherent in joint ventures, partnerships, and limited liability company (LLC) agreements. Through case studies and expert analysis, participants will gain a comprehensive understanding of the unique legal, financial, and operational considerations associated with these arrangements.

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Happenings

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FASB ISSUES Proposed Accounting Standards Update (exposure draft) DERIVATIVES AND HEDGING (Topic 815) and REVENUE FROM CONTRACTS WITH CUSTOMERS (Topic 606)

FASB ISSUES Proposed Accounting Standards Update (exposure draft) DERIVATIVES AND HEDGING (Topic 815) and REVENUE FROM CONTRACTS WITH CUSTOMERS (Topic 606)

October 10, 2024

The Board is issuing the amendments in this proposed Update to address stakeholders’ concerns about (1) the application of derivative accounting to contracts with features based on the operations or activities of one of the parties to the contract and (2) the diversity in accounting for a share-based payment from a customer that is consideration for the transfer of goods or services. The proposed amendments are expected to (a) reduce the ...

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The Cooperative Accountant Fall 2024

The Cooperative Accountant Fall 2024

October 1, 2024

The Fall 2024 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.

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Workplace Bullying: What it is and What to do about it

Workplace Bullying: What it is and What to do about it

September 10, 2024

Workplace Bullying: What it is and What to do about it Workplace bullying is defined as “situations where an employee repeatedly and over a prolonged period is exposed to harassing behavior from one or more colleagues (including subordinates and leaders) and where the targeted person is unable to defend him/herself against this systematic mistreatment” (Nielsen & Einarsen, 2018, p.73).  While the negative effects of ...

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NSAC Elects New Board of Directors for 2024-2025 Term

NSAC Elects New Board of Directors for 2024-2025 Term

August 30, 2024

The National Society of Accountants for Cooperatives (NSAC) is pleased to announce the new Board of Directors for the 2024-2025 term. The Board of Directors aids in determining the culture, strategic focus, and overall direction of the NSAC. The Board supports NSAC’s mission of serving cooperatives by providing accounting, tax and business education uniquely tailored to professionals working for and with cooperatives; providing networking ...

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