The National Society of Accountants for 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

July 31 - August 3, 2022

2022 Tax, Finance & Accounting Conference for Cooperatives

Make sure you save the date for the 2022 Tax, Finance & Accounting Conference for Cooperatives! The conference is being held IN-PERSON in San Antonio from July 31-August 3, 2022. TFACC is the premier national conference for cooperative tax, finance and accounting professionals. TFACC is a can't miss event, as it is the only conference uniquely tailored to providing education, resources and connections to professionals involved in the ...

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September 23, 2021

What a Difference a Year Makes: 2021 Internal Fraud Update – Pandemic Work Environment Edition

Join us for this 60-minute zoom on September 23, 2021, to discover how the Coronavirus Pandemic has significantly changed companies’ operating environments, and the types of fraud that are occurring. The pandemic is the perfect storm for fraud, and this CLN session focuses specifically on the types of fraud most prevalent in this new environment and those controls and control changes necessary to address these new types of concerns. Most ...

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October 8, 2021

Texas Chapter 2021 Annual Meeting

Get ready for the Texas Chapter 2021 Annual Meeting! The event will take place on October 8, 2021 from 7:55 AM-4:30 PM CT. This will be a hybrid event, with the option to either attend in-person or online via Zoom. The meeting will discuss current happenings and news within the Texas Chapter, as well as feature some exciting and informative sessions with experts! Plus, earn up to 8 CPE Credit Hours by attending! The Zoom portion of the meeting ...

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November 9, 2021

Inside the Mind of an Auditor

Have you ever wondered what your auditor is thinking about your organization as you work together through the audit process? This session will highlight activities and processes that all accounting departments could benefit from implementing that will help strengthen your accounting team and improve the audit process.

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Happenings

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NSAC Welcomes New President, David Antoni, for 2021-2022 Term

September 3, 2021

CENTERVILLE, OHIO, September 3, 2021—The National Society of Accountants for Cooperatives (NSAC) is excited to announce that David Antoni, CPA, Tax Managing Director at KPMG LLP, has been named President for the 2021-2022 term. Founded in 1936, the NSAC is a professional society comprised of approximately 1,500 individual members actively involved with the financial management and planning of cooperative business. The organization ...

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NSAC Elects New Board of Directors for 2021-2022 Term

September 1, 2021

CENTERVILLE, OHIO, September 1, 2021—The National Society of Accountants for Cooperatives (NSAC) is pleased to announce the new Board of Directors for the 2021-2022 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 ...

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Business Meal Deductions after the TCJA

September 13, 2021

The legislation known as the Tax Cuts and Jobs Act (TCJA), P.L. 115-97, eliminated the general deduction of business entertainment expenses under Sec. 274(a). The TCJA mostly left intact, however, the deductibility of food and beverage expenses as a business expense (generally, at 50% of the expense amount). But because of a long-standing understanding and practice of treating business entertainment and meals as congruent, practitioners sought ...

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Ease Staff’s Fears About Returning to the Office

September 8, 2021

Fifteen-person firm Goldglit & Company LLP went remote virtually overnight last March when New York City was among the first locations to be hard-hit by COVID-19. As the pandemic’s impact receded in the city, the firm decided to reopen its offices on June 1, 2020, and allow staff to choose between remote or in-office work, an arrangement that’s still in place. Despite the firm’s efforts to minimize staff’s anxieties, ...

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