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

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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One Big Beautiful Bill- An Overview of Tax Provisions in the Bill
August 12, 2025

One Big Beautiful Bill- An Overview of Tax Provisions in the Bill

Join us for an informative session providing a broad overview of the tax provisions included in the One Big Beautiful Bill Act and their potential implications for cooperatives. This webinar will highlight key changes, outline areas of impact, and offer insights for cooperative tax and accounting professionals.

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Boost Efficiency with Copilot
August 14, 2025

Boost Efficiency with Copilot

Unlock the potential of co-pilot to streamline your work and boost productivity. This session is designed to equip you with practical tips, insights, and strategies for leveraging co-pilot technologies to simplify complex tasks, enhance collaboration, and save valuable time. Dive into the features and functionalities of co-pilot tools that can revolutionize workflows, from automating routine processes to providing intelligent suggestions for ...

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Recent Happenings

Time Passes and Administrations Change, but USDA Statistics Still Measure Co-ops' Importance to Rural America

Time Passes and Administrations Change, but USDA Statistics Still Measure Co-ops' Importance to Rural America

Almost 100 years ago, Congress entrusted the U.S. Department of Agriculture (USDA) with keeping statistics on agricultural cooperatives. The Cooperative Marketing Act of 1926 (CMA) created a division to provide statistical, economic, financial, and other information. In fact, the Department started collecting United States farmer cooperative statistics at least as early as 1913; since the Department was established in 1862, diligent agriculture ...

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NSAC Webinar Series: Unwrap the One Big Beautiful Bill Act

NSAC Webinar Series: Unwrap the One Big Beautiful Bill Act

With the recent passage and signing of the One Big Beautiful Bill Act, there are a lot of Individual and Business provisions to analyze.  NSAC  will be presenting a series of CLNs (our version of a webinar) during August to shed light on provisions that will impact NSAC's membership.  The three CLNs are scheduled as follows: One Big Beautiful Bill: An Overview of Tax ProvisionsAugust 12, 2025Free for NSAC Members/ $56 ...

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Washington Update

Washington Update

Tax Extenders. At the time of this writing (April 2025), there is a long path ahead for President Trump’s “big, beautiful” tax bill. The bill would extend tax cuts and make changes to provisions enacted in the 2017 Tax Cuts and Jobs Act. Many provisions in the bill, including Section 199A(g), the deduction for farmer cooperatives, will expire at the end of 2025 without action by Congress. The bill will also include Republican ...

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