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
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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COMPASS 2027
NSAC is headed to sunny San Diego! We’re excited to announce that The Cooperative COMPASS—guiding accounting, tax, and finance professionals in the cooperative industry toward exceptional education, collaboration, and innovation—is coming to San Diego, California, May 3–5, 2027. Set along the beautiful Southern California coast, COMPASS 2027 will bring together cooperative professionals from across the country for a ...
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Property Taxes in Practice: Frameworks, Risks, and Industry Applications for Cooperatives
Property taxes can represent a significant and often overlooked cost for cooperatives across a wide range of industries. This session provides a practical overview of how property taxes are assessed, calculated, managed, and appealed, while highlighting common areas of risk that can affect cooperative operations and financial performance. Participants will gain insight into the impact of property taxes on capital investments, land use, infrastructure, and long-term planning, and will learn strategies for proactively managing assessments, exemptions, compliance obligations, and valuation disputes.
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NSAC Announces 2026–2027 Scholarship Recipients
Investing in the next generation of leaders is one of the most meaningful ways NSAC supports the cooperative community. Through its annual Scholarship Program, the National Society of Accountants for Cooperatives is proud to help outstanding students pursue their educational goals while encouraging academic excellence, leadership, and lifelong learning. This year, NSAC received an impressive number of applications from exceptionally talented ...
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COMPASS 2026 Hits the Right Note in Nashville
COMPASS 2026 brought together cooperative tax, accounting, and finance professionals in the heart of Nashville from May 4–6, 2026, for three days filled with education, collaboration, and connection. This year’s conference continued to build on the strong foundation of COMPASS by providing attendees with valuable learning opportunities, meaningful networking, and memorable experiences that highlighted the strength of the cooperative ...
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FASB ISSUES Accounting Standards Update 2025-10 GOVERNMENT GRANTS (Topic 832) Accounting for Government Grants Received by Business Entities – December 2025
Summary Why Is the FASB Issuing This Accounting Standards Update? The FASB is issuing this Update to improve generally accepted accounting principles (GAAP) by establishing authoritative guidance on the accounting for government grants received by business entities. GAAP does not provide specific authoritative guidance about the recognition, measurement, and presentation of a grant received by a business entity from a government.
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