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
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NSAC 2026 Knowledge Exchange
What is the Knowledge Exchange? Not a Conference. Not a Presentation. More than a Roundtable. Have you ever sat in a conference session wishing you could ask a follow-up question directly related to your cooperative? Wondered how other cooperatives are addressing the same challenge you’re facing? Or wished you could hear what industry experts would say about your situation? That’s exactly what the NSAC Knowledge Exchange is ...
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Beyond the Buzzword: Turning Automation into Action
CPE: 1 Credit HourAutomation is no longer reserved for large organizations with dedicated innovation teams. Today's technology platforms make it easier than ever to streamline repetitive processes, reduce manual effort, and free employees to focus on higher-value work. Join Kathryn Schneider, Director at Forvis Mazars, for an overview of practical automation strategies that cooperatives can implement today. Following the overview, Kathryn will ...
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From Past Due to Protected: Legal and Practical Tools for Cooperative Collections
Join us for a look at practical and legal tools to reduce bad debt exposure, improve collections, and protect cooperative cash flow. Attendees will learn strategies for evaluating customer credit risk, monitoring receivables, strengthening contracts, and implementing effective collection processes. The session will explore statutory trust protections, including the Perishable Agricultural Commodities Act (PACA) and other industry-specific collection tools, while highlighting broader principles that can be applied across industries and jurisdictions.
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