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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Bridging the Gap: Presenting Cost of Service Studies to Cooperative Boards
September 16, 2025

Bridging the Gap: Presenting Cost of Service Studies to Cooperative Boards

A Cost of Service Study (COSS) is more than a technical analysis—it’s a strategic tool that ensures electric rates are fair, transparent, and financially sound. Yet, explaining the need for a COSS to a board of directors can be challenging, especially when balancing technical details with governance-level concerns. This session will provide utility leaders with practical strategies for framing the COSS in board-friendly terms.

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Recent Happenings

NSAC Congratulates 2025-2026 SCHOLARSHIP RECIPIENTS!

NSAC Congratulates 2025-2026 SCHOLARSHIP RECIPIENTS!

The NSAC would like to congratulate the scholarship recipients for the 2025-2026 academic school year! We're thrilled to announce that this year saw record number of entries from many talented individuals, making it an exceptionally competitive selection process. The Society is proud to commend these outstanding students for their remarkable academic achievements, and we're confident they'll reach new heights in their pursuit of ...

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NSAC Great Lakes Chapter Inducts Two Distinguished Leaders into Hall of Fame

NSAC Great Lakes Chapter Inducts Two Distinguished Leaders into Hall of Fame

Bloomington, IL — June 13, 2025 The National Society of Accountants for Cooperatives (NSAC) Great Lakes Chapter proudly recognized two of its most dedicated members—Rebecca Thoune, Signing Director at CLA (CliftonLarsonAllen LLP), and David Loyd, Chief Financial Officer at Three Rivers FS—by inducting them into the Chapter’s esteemed Hall of Fame during the 2025 Annual Meeting held June 12–13 in Bloomington, ...

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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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