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

NSAC 2026 Knowledge Exchange
December 7 - 8, 2026

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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NSAC Texas Chapter 2026 Fall Conference and Annual Meeting
October 9, 2026

NSAC Texas Chapter 2026 Fall Conference and Annual Meeting

Join fellow cooperative accounting and finance professionals for a full day of valuable education, professional development, and connection on October 9, 2026.  This year’s conference will feature one full day of education designed specifically for cooperative accounting professionals. Attend your way!In-person and virtual attendance options will be available. Registration:$175 Members | $200 Non-MembersSame price for in-person or ...

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Essentials of Cooperative Accounting
October 22, 2026

Essentials of Cooperative Accounting

This course provides an introduction to the accounting concepts and financial statement elements that distinguish cooperatives from other business organizations. Participants will examine cooperative financial statement presentation, patronage allocations, members' equity, and investments in other cooperatives. The course will also address the taxation of patronage distributions, including qualified and nonqualified written notices of allocation and the relationship between patronage allocations and cooperative taxable income.

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Recent Happenings

Beyond the Annual Budget: Why Electric Cooperatives Need to Start Planning in Scenarios

Beyond the Annual Budget: Why Electric Cooperatives Need to Start Planning in Scenarios

The Budget Is Not Dead. But It May Need a New Job. Every fall, a familiar ritual begins in electric cooperative finance departments across the country. Spreadsheets multiply. Department managers receive budget templates. Finance sends reminders. Managers send back questions. Finance sends the templates back because a column was missed. Someone discovers that a vehicle was budgeted twice. Someone else remembers a major project that somehow ...

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The Cooperative Accountant Fall 2026

The Cooperative Accountant Fall 2026

The Fall 2026 issue of The Cooperative Accountant (TCA) has been released! Focusing on cooperative-related issues, such as accounting and auditing, finance, cooperative management, legal and regulatory issues and taxation, this journal has become widely recognized as the industry standard. NSAC members, please log into Connect to view or download the latest issue.

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NSAC Announces Nominations are Open for the 2027 Silver Bowl Award

NSAC Announces Nominations are Open for the 2027 Silver Bowl Award

We’re thrilled to share that nominations are now open for NSAC’s most prestigious honor! We invite you to nominate an outstanding professional for the 2027 Silver Bowl Award. Since its inception in 1960, the Silver Bowl has been bestowed by NSAC leaders upon individuals who have distinguished themselves through long-term contributions that significantly elevate the fields of accounting, tax, and finance within the cooperative ...

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