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.

2021 Tax Finance & Accounting Conference for Cooperatives
August 2 - 4, 2021

2021 Tax Finance & Accounting Conference for Cooperatives

SAVE THE DATE! The Tax, Finance & Accounting Conference for Cooperatives is the premier annual conference for those professionals working working in this space. This virtual program offers proven strategies, tools, and resources to help your co-op, company, or firm increase efficiencies, improve financial controls, streamline regulatory compliance and make transactions manageable. The complete program and registration for the 2021 event will be ...

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2021 Technology Series
May 14 - July 30, 2021

2021 Technology Series

The age of technology in accounting has truly arrived and impacts every aspect of an accounting department or firm. Don't miss this Technology Series that will include SIX educational 60-minute sessions presented by Roman Kepczyk, CPA.CITP, CGMA, PAFM, Director of Firm Technology Strategy with Right Networks. Topics include Your Tax Season Debrief, Strategic Technology Outlook, Remote Work / Collaboration, CAAS Transformation, IT Considerations ...

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PPP Loan Update
May 19, 2021

PPP Loan Update

The Small Business Administration’s Paycheck Protection Program (PPP) has been an important source of support during the COVID-19 pandemic, but it has led to many implementation questions among cooperatives and the CPAs who serve them. This 60-minute zoom will feature a discussion on 2nd draw loans, loan forgiveness, and updates on the PPP from the perspective of the cooperative community, including patronage considerations. During this ...

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Atlantic Chapter 2021 Annual Meeting
June 14 - 15, 2021

Atlantic Chapter 2021 Annual Meeting

SAVE THE DATES! Mon, Jun 14, 20219:00 AM EST - 12:00 PM ESTCPE Credit: 3 credit hours Tues, Jun 15, 20219:00 AM EST - 12:00 PM ESTCPE Credit: 3 credit hoursDue to the uncertainty surrounding COVID-19, including travel restrictions and caution for the safety and well-being of our attendees, the Atlantic Chapter 2021 Annual Meeting will be held in June as an all-virtual event. We look forward to delivering the same quality content and technical ...

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Mississippi Valley Chapter 2021 Annual Meeting
June 20 - 22, 2021

Mississippi Valley Chapter 2021 Annual Meeting

SAVE THE DATE: Mississippi Valley Chapter Annual Meeting will be held June 20-22, 2021. Deadline for hotel reservations is May 21, 2021. For additional details, please click here.

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Happenings

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Best Practices: 6 Strategies for Leading Through Uncertainty

May 10, 2021

If there was ever any doubt about the importance of a leader’s ability to navigate change, uncertainty, and disruption, the emergence of the global pandemic in 2020 made this necessity abundantly clear. And while we all hope to avoid future pandemics, one thing is certain — we cannot avoid ever-increasing complexity. The leaders we work with often report feeling stuck, ill-equipped, or overwhelmed as they face the growing challenges ...

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NSAC releases the Spring 2021 issue of The Cooperative Accountant

NSAC releases the Spring 2021 issue of The Cooperative Accountant

May 03, 2021

NSAC publishes a technical journal, The Cooperative Accountant (TCA), exclusively for its membership on a quarterly basis. Each issue includes articles covering many cooperative related issues. Topics include accounting & auditing issues, finance and banking, cooperative management and operations, legal and regulatory issues and taxation. Sections addressing the specific needs of individual groups of members include: Small Cooperative ...

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Internal Auditors Move Toward Cloud

Apr 23, 2021

Nearly a quarter of internal audit teams intend to implement cloud-based audit management or governance, risk and compliance software this year, according to a new survey. The report, by the Institute of Internal Auditors’ Internal Audit Foundation and the audit, risk and compliance software developer AuditBoard, surveyed 134 internal audit leaders and found that 22 percent of the respondents indicated they intend to implement ...

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FASB Offers Goodwill Alternative for Private Cos., Nonprofits

Apr 22, 2021

The Financial Accounting Standards Board released an accounting standards update that gives private companies and nonprofits an accounting alternative to decrease the complexity of performing a goodwill triggering event evaluation. Under current U.S. GAAP, goodwill needs to be tested for impairment when a triggering event happens that indicates that it’s more likely than not that the fair value of the reporting unit is less than ...

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