Latest News

Accounting and Security: In Industry, the Twain Should Meet
Industry accountants see accounting software and online bookkeeping software as the technologies that will have the greatest impact on the profession in the next five years. Closely following these...
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After Tax Reform, Do Business Meals Remain Deductible?
Since the passage of the Tax Cuts and Jobs Act (TCJA) last December, taxpayers have been asking if business meals are still deductible business expenses. This question is the result of the law...
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Evolving From a Controller to a Strategic Business Partner
Unstoppable forces continue to drive business growth and create opportunities for the controllership function. Two studies explore these opportunities: One takes a closer look at controllership's...
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Getting Ready for the New Lease Accounting Guidelines
The implementation deadline for the new IFRS 16/ASC 842 lease accounting standards is rapidly approaching. The new standards will require organizations to report and disclose all lease obligations...
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EITF Reaches Consensus on Accounting for Cloud Computing Costs
The Financial Accounting Standards Board's Emerging Issues Task Force has reached a consensus on how to account for implementation costs in a cloud computing arrangement that's considered a service...
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Mission Statement and Long Range Goals

Mission Statement
Serve 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.
  • Participating in standard-setting and implementation processes enabling members to effectively apply those accounting standards.

Goals

  • Goal #1 - Providing a superior membership experience through increased use of technology.
  • Goal #2 - Rededicating resources nationally and with the chapters, in support of recruiting and retaining members.
  • Goal #3 - Strengthening the NSAC brand by focused outreach to those new to the profession, industry and cooperatives.
  • Goal #4 - Developing increased opportunities for networking and professional connections within membership.