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

The 2025 Technical Exchange is here to immerse you in an extraordinary one-and-a-half-day fly-in event, unlike any other. Join us on January 27-28, 2025, and prepare to be part of something exceptional. This event is only open to NSAC Members. Space is limited, we sold out last year, and the event will fill up fast! DYNAMIC DISCUSSIONS, NOT MUNDANE PRESENTATIONSSay goodbye to mundane PowerPoint presentations! Our innovative program revolves ...

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Quarterly Economic and Financial Market Review
September 9, 2024

Quarterly Economic and Financial Market Review

Join CFC’s Sam Kem for the third economic and financial trends update of 2024, which will help leaders make the best strategic financial decisions for their cooperative.

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Environmental Social and Governance and SEC Climate Disclosure Requirements
September 18, 2024

Environmental Social and Governance and SEC Climate Disclosure Requirements

As member demand for sustainable practices grows and the regulatory landscape evolves, it’s valuable to gain insights into implementing an environmental, social, and governance (ESG) strategy. This session will provide an overview of SEC climate disclosure rule that could have future impacts on every cooperative or organization. This session will also focus on the business case for ESG, steps to getting started on ESG implementation and ...

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Property Tax Management
September 25, 2024

Property Tax Management

Cooperatives often lack the necessary internal resources to properly manage property tax assessments—exposing the entity to inaccurate assessments, inflated tax liabilities, and possible penalties and interest. By proactively reviewing your real and personal property tax assessments, you can position your organization to potentially reduce property taxes to the lowest legal amount.  This session will provide tips for reducing the risks and ...

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NSAC Texas Chapter Conference & Annual Meeting
October 4, 2024

NSAC Texas Chapter Conference & Annual Meeting

Join us on October 4, 2024 for the NSAC Texas Chapter Conference and Annual Meeting, exclusively tailored for cooperative personnel like you—accountants, bookkeepers, and controllers. This event is your gateway to gaining valuable insights and networking with industry experts while earning CPE credit hours.

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Happenings

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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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NSAC Welcomes Erik Gillam as National President

NSAC Welcomes Erik Gillam as National President

August 30, 2024

August 30, Centerville, OH – The National Society of Accountants for Cooperatives (NSAC) is pleased to announce that Erik Gillam, CPA, Partner at Alrich CPA’s + Advisors, has been named NSAC National President for the 2024-2026 term. Founded in 1936, NSAC is a professional society with approximately 1,600 members who are dedicated to the financial management and planning of cooperative businesses. The organization uniquely serves ...

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NSAC Congratulates 2024-2025 SCHOLARSHIP RECIPIENTS!

NSAC Congratulates 2024-2025 SCHOLARSHIP RECIPIENTS!

June 28, 2024

The NSAC would like to congratulate the scholarship recipients for the 2024-2025 academic school year! We're thrilled to announce that this year saw entries from many talented individuals, making it an exceptionally competitive selection process. The Society is proud to commend these outstanding students for their remarkable academic achievements, and we're confident they'll reach new heights in their pursuit of ...

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ASU’s falling under ASC Topic 326 Update 2016-13 —Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments

ASU’s falling under ASC Topic 326 Update 2016-13 —Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments

May 27, 2024

This update was subsequently updated ASU2018-19, 2019-15, 2019-11, 2020-03, 2022- 02 Effective Date: Public entities that are U.S. Securities and Exchange Commission filers, this update is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. For all other entities, as amended by ASU 2019-10, fiscal years beginning after December 15, 2022, including interim periods within those fiscal ...

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