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
- Providing a superior membership experience through continuing EDUCATION on timely topics, issues and relevant information.
- Rededicating an expanded list of RESOURCES nationally and throughout the chapters, in support of recruiting and retaining members.
- Developing increased opportunities for networking and professional CONNECTIONS within the membership and with focused outreach to those new to the profession, throughout the industry and within the experienced cooperative arena.
Upcoming Events
Think Like a Hacker: Cybersecurity Update
Roman will walk through a plethora of necessary components of an accounting teams security planning including the latest information breach statistics and the specifics of how to minimize your organization’s greatest exposure: YOUR PERSONNEL. Security is consistently listed as one of the AICPA’s Top Technology concerns, but few organizations take it seriously until they have been impacted by a breach. Roman will walk through a variety of solutions to protect your cooperative or firm including updates on the latest IRS “legal” requirements. He will also apprise attendees on the latest threats and share security resources to minimize exposure and educate personnel.
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Hurricane Helene - One Cooperative's Story & Lessons Learned
When disaster struck, Blue Ridge Energy faced the storm of a lifetime — and their journey of resilience, recovery, and lessons learned is one you won’t want to miss. In this session, we will hear the story of Blue Ridge Energy and the catastrophic storm that impacted their service territory in September of 2024.
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NSAC Atlantic Chapter Board Meeting, and Meet & Greet
Atlantic Chapter Members - You're Invited!Join us for the Atlantic Chapter Board Meeting followed by a Meet & Greet, held via Zoom. Come connect with fellow members, discuss chapter business, and enjoy some time networking in a relaxed virtual setting. We look forward to seeing you there!
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Cheers to 90 Years! NSAC is Celebrating a Milestone!
The National Society of Accountants for Cooperatives is thrilled to celebrate its 90th Anniversary—a milestone marking nine decades of supporting professionals in cooperative financial management and planning while advancing the cooperative model. Since 1935, NSAC has been the go-to for industry-specific education, resources, and connections. We’re kicking off the celebration in style at COMPASS, where attendees, both virtual ...
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Key Financial Considerations for Electric Cooperatives Implementing Distributed Energy Resources (DER) Programs
Introduction As electric cooperatives evaluate the implementation of Distributed Energy Resources (DERs) Programs, finance professionals must carefully evaluate financial, regulatory, and operational impacts of any programs under consideration. A well-structured DER program for an electric cooperative aligns technology, infrastructure, financial models, policy, and consumer engagement to maximize grid reliability, cost-effectiveness, and member ...
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FASB Issues Standard That Clarifies Guidance for Identifying the Accounting Acquirer in a Business Combination
The Financial Accounting Standards Board (FASB) today published an Accounting Standards Update (ASU) that improves the requirements for identifying the accounting acquirer in FASB Accounting Standards Codification® Topic 805, Business Combinations. The ASU is based on a recommendation of the Emerging Issues Task Force (EITF). “The new ASU is the first recommendation from the recently reconstituted EITF to be issued ...
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