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 Technical Exchange
January 26 - 27, 2026

NSAC 2026 Technical 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 Technical Exchange is designed for. This one-of-a-kind, ...

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The Cooperative COMPASS 2026
May 4 - 6, 2026

The Cooperative COMPASS 2026

We’re thrilled to announce that The Cooperative COMPASS—pointing accounting, tax, and finance professionals in the co-op industry towards an extraordinary educational and networking experience—is coming to Nashville, Tennessee, May 4–6, 2026, in partnership with NSAC’s Atlantic Chapter. Set against the backdrop of live music, Southern hospitality, and a city that knows how to mix tradition with innovation, this one-of-a-kind conference is designed specifically for professionals guiding the financial future of cooperatives. COMPASS offers the perfect mix of high-impact learning, expert-led sessions, and meaningful peer connections—all designed to help you tune up your knowledge and amplify your impact.

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Quarterly Industry Update - Geared For Electric Cooperatives (Q4, 2025)
November 18, 2025

Quarterly Industry Update - Geared For Electric Cooperatives (Q4, 2025)

CPE: 1 Credit HourGeared for Electric CooperativesToday’s cooperative leaders need real-time insights and analysis to interpret the potential impact of industry trends and market activity on their service territories. CFC’s quarterly industry update for cooperative executives and directors, in association with the National Society of Accountants for Cooperatives, highlights important research and sector trends compiled by CFC’s ...

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Recent Happenings

Time for Co-op Financing to Get Creative; Potential Federal Budget Cuts Inspire Co-op Community to Look to Domestic, International Financing Models

Time for Co-op Financing to Get Creative; Potential Federal Budget Cuts Inspire Co-op Community to Look to Domestic, International Financing Models

The following story is not news for people in the United States who are familiar with cooperatives. In the mid-1930s, nine out of ten farms lacked electricity.[1] Investor-owned utilities were not interested in accessing the Federal Rural Electric Administration’s[2] loan program. In contrast, farmers, who were familiar with the cooperative form of business through their membership in agricultural cooperatives, formed electric cooperatives ...

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Cybersecurity Awareness for Finance Professionals in Cooperative Utilities

Cybersecurity Awareness for Finance Professionals in Cooperative Utilities

In today's digitally connected environment, cooperative utilities face increasing cybersecurity threats that can disrupt essential services, compromise sensitive data, and erode stakeholder trust. Finance professionals within these organizations occupy a pivotal role, managing high-value data and interfacing with digital systems that are often targets for malicious actors. Yet, cybersecurity awareness in finance teams sometimes can remain an ...

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Countdown: 2025 Tax Provisions Set to Expire

Countdown: 2025 Tax Provisions Set to Expire

As 2025 comes to a close, several important federal tax provisions are scheduled to expire, creating so-called “tax cliffs” that could impact households, businesses, and the broader economy. Lawmakers face critical decisions about which policies to extend, modify, or allow to lapse. Key areas affected include healthcare subsidies, clean-energy incentives, business hiring credits, and more. Understanding these expirations is ...

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