NSAC Mission Statement and Goals

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.

Mission Statement

NSAC serves cooperatives by providing accounting, tax and business education uniquely tailored to professionals working for and with cooperatives; providing networking and professional development opportunities for members, prospective members and others supporting the cooperative sector; and participating in standard-setting and implementation processes enabling members to effectively apply those accounting standards.

Goals

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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2024 Legislative & Tax Update
May 2, 2024

2024 Legislative & Tax Update

Join us for an insightful dive into the latest legislative developments shaping the cooperative tax landscape in 2024. This 60-minute Zoom presented by Lisa Van Doren, Vice President and Chief of Staff for Government Affairs at NCFC will guide you through key changes and implications of the latest legislative updates. Discover how these key changes impact your cooperative organization and uncover the implications for your bottom line. Whether ...

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Recent Happenings

"Customer First" is the Ultimate Goal of Process Improvements

"Customer First" is the Ultimate Goal of Process Improvements

Customer-centric finance departmentsExpectations for finance departments are increasing. Processes are becoming more complex. Regulations continue to increase. Those that rely on financial information to perform key business tasks are demanding the ability to make faster decisions. The finance department needs to keep changing and improving to keep up with these expectations. Efficiency and process improvement are a necessity because the ...

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Loper Bright Goes Up to Supreme Court and Implications for Federal Agency Regulations

Loper Bright Goes Up to Supreme Court and Implications for Federal Agency Regulations

An interesting non-tax case on the docket for the US Supreme Court’s current term could have far-reaching implications for the extent of federal agencies’ power in drafting regulations that interpret federal statutes, including US Treasury’s Regulations pursuant to the Internal Revenue Code (IRC). Recently, the Supreme Court agreed to hear a case questioning the validity of a federal regulation applicable to the fishing ...

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Clay Worden of RSM US LLP Named Recipient of 2024 Silver Bowl Award by National Society of Accountants for Cooperatives

Clay Worden of RSM US LLP Named Recipient of 2024 Silver Bowl Award by National Society of Accountants for Cooperatives

[Cincinnati, Ohio, February 27, 2024] - The National Society of Accountants for Cooperatives (NSAC) is proud to announce Clay Worden, Partner at RSM US LLP, as the distinguished recipient of the 2024 Silver Bowl Award. This esteemed accolade, the highest honor within the cooperative industry, recognizes individuals whose exceptional contributions have significantly enhanced the reputation and functionality of the cooperative sector. For nearly ...

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