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

What Members Say about NSAC
I am retiring at the end of the month and I will be staying in NSAC as a retired member. "It's been a good 30 years of active membership. I met lots of good people and received lots of valuable information. My replacement has already joined NSAC".
RP (Ron Peterson) Minnesota.
Upcoming Events

NSAC Cooperative Learning Network
NSAC's group-live, educational teleconferences uniquely tailored for cooperatives
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Upcoming CLN Workshop(s):
The Golden Egg of Internal Fraud Prevention
October 24th, 2019
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Let's Talk About Those Difficult and Critical Conversations
November 7th, 2019
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What Does Your Bench Strength Look Like?
November 26th, 2019
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Beyond the Munchies
December 2nd, 2019
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Current Cooperative Tax Developments
December 19th, 2019
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Latest News

FASB Proposes Relief for the Transition Away from LIBOR and Certain Other Feference Rates
The FASB proposed providing temporary optional expedients and exceptions to the US GAAP guidance on contract modifications and hedge accounting in light of the expected market transition from LIBOR...

FASB Makes a Second Effort to Improve Balance Sheet Debt cCassification
After considering comments on a previous proposal for improving balance sheet debt classification, FASB issued a re-proposal on the issue.  FASB is attempting to improve guidance used to...

Take These 5 Critical Steps to Protect Yourself From Cybercrime
Your data, private information, and finances are under attack. These are the key ways to fight back.  High-profile data breaches at companies like British Airways and Marriott get a lot of...

Fighting Ransomware: Breaking Down Walls Between Private Sector and Law Enforcement
Accounting firms are an attractive target to ransomware authors. Not only do accounting firms store a lot of valuable and sensitive information, but the vast majority consist of just a handful of...

How to Make the Most of FASB's Effective Date Delays
Delays FASB has proposed for effective dates for certain preparers for three major accounting standards represent an opportunity for company finance departments to implement the standards more...

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