About NSAC

The National Society of Accountants for Cooperatives (NSAC) is a professional society, formed in 1936, comprised of approximately 1,500 individual members actively involved with the financial management and planning of cooperative business. NSAC members are either employed by a cooperative or provide professional services for cooperatives.

The National Society of Accountants for Cooperatives (NSAC) serves individual members and their respective organizations. Employees of cooperatives such as CFOs, controllers, tax directors/managers, accountants, bookkeepers, office managers, internal auditors, in-house legal staff, and other financial professionals are included as members. Professional service providers advising cooperatives such as CPAs, attorneys, banking professionals, government employees advising cooperatives and cooperative association employees are amongst members as well.

The organization provides professionals with education, resources, and connections needed to stay actively involved and on the cutting edge when it comes to the financial management and planning of cooperative business.

In 1935, auditors for the Northern States Cooperative League began holding regular meetings and discussing the need for collaboration and a more formalized organization. Out of these meetings, the National Society of Accountants for Cooperatives was formed:

1943 – Formally structures as an independent, nonprofit corporation
1948 – Begins publishing The Cooperative Accountant
1952 – Publishes first cooperative accounting report
1980 – Hires first professional manager
1998 – Organizes nationwide Electric Cooperative Chapter
2001 – Begins actively participating in FASB projects that impact co-ops
2008 – Becomes industry leader in international accounting standards development
2011 – Celebrates 75th Anniversary
2015 – Partners with the NRECA to bring the profession the premier tax, finance and accounting conference for cooperatives
2020 – Continues efforts to bring more virtual opportunities to professionals globally

Upcoming Events

2024 TFACC - Collaboration Among Communities
July 28 - 31, 2024

2024 TFACC - Collaboration Among Communities

Registration open for the 2024 Tax, Finance & Accounting Conference for Cooperatives (TFACC) taking place in Orlando, Florida from July 28 to July 31, 2024. This is the must-attend event specially designed for professionals involved in the financial management and planning of cooperatives. TFACC stands out as the only conference that provides tailored education, resources, and networking opportunities in this field. Anticipate an enriching four-day program, presented in collaboration with NSAC, NRECA, and NTCA, offering proven strategies, tools, and resources to enhance your cooperative's efficiency, financial controls, regulatory compliance, and overall transaction management.

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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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NSAC 2024 Mississippi Valley Annual Meeting
June 24 - 25, 2024

NSAC 2024 Mississippi Valley Annual Meeting

Get ready and mark your calendars for June 24-25, 2024 for the NSAC Mississippi Valley Annual Meeting! Don't miss out on this exciting event filled with networking opportunities, insightful discussions, and valuable takeaways. Save the date and stay tuned for more details – trust us, you won't want to miss it!

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