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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NSAC 2026 Texas Chapter Meeting
February 26 - 27, 2026

NSAC 2026 Texas Chapter Meeting

Grow your expertise, earn 8 hours of CPE, and connect with fellow professionals who understand your work. The Texas Chapter Meeting is coming to Austin on February 26–27—bringing top-tier education and valuable networking together in one dynamic experience.

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2026 Agricultural Economic Outlook
March 16, 2026

2026 Agricultural Economic Outlook

Want to know more about current and expected market conditions affecting agricultural co-ops? In this 60-minute zoom, Tanner Ehmke, Lead Economist with CoBank, will discuss the issues impacting the macroeconomy, agricultural commodity markets, and the agricultural economy with particular focus on inflation. Get an outlook on the agricultural commodity markets, including corn, wheat, soybeans, rice, cotton, hay, cattle, hogs, and dairy, and the ...

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Recent Happenings

National Society of Accountants for Cooperatives Announces Peggy Maranan as 2026 Silver Bowl Award Recipient

National Society of Accountants for Cooperatives Announces Peggy Maranan as 2026 Silver Bowl Award Recipient

The National Society of Accountants for Cooperatives (NSAC) is proud to announce that Peggy Maranan, Chief Financial Officer of DEMCO, has been selected as the 2026 recipient of the Silver Bowl Award, the Society’s highest and most prestigious honor. The Silver Bowl Award recognizes an individual who, over an extended period, has made exceptional contributions that enhance both the image and operations of the cooperative profession. Bestowed by the NSAC Board of Directors, the award honors sustained leadership, service, and dedication to cooperative principles.

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Open the Door to Opportunity with an NSAC Scholarship!

Open the Door to Opportunity with an NSAC Scholarship!

NSAC Scholarship Application open. Do you know a graduating high school senior or a current college student who’s excited about business, accounting, or finance? This is their chance to turn ambition into opportunity!

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FASB ISSUES Accounting Standards Update 2025-06 INTANGIBLES-GOODWILL and OTHER-INTERNAL USE SOFTWARE (Subtopic 350-40) – Targeted Improvements to the Accounting for Internal-Use Software - September 2025

FASB ISSUES Accounting Standards Update 2025-06 INTANGIBLES-GOODWILL and OTHER-INTERNAL USE SOFTWARE (Subtopic 350-40) – Targeted Improvements to the Accounting for Internal-Use Software - September 2025

Why Is the FASB Issuing This Accounting Standards Update?  The Board is issuing this Update to modernize the accounting for software costs that are accounted for under Subtopic 350-40, Intangibles—Goodwill and Other—Internal-Use Software (referred to as “internal-use software”). Feedback from preparer and practitioner stakeholders on the 2021 FASB Invitation to Comment, Agenda Consultation, indicated that the ...

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