Latest News

3 Technologies Transforming Accounting, Finance and Tax
The data is clear: when considering technology within an organization, the question is no longer whether to invest — it's how. According to KPMG’s 2018 U.S. CEO Outlook, CEOs are thinking a lot...
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How Workplace Trends Are Affecting Small Businesses
It's widely known that finding top-tier talent is a challenge many small CPA firms and other small businesses face. On the most recent episode of The Small Biz Brunch, a podcast from AICPA's...
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What You Need to Know About the New Hedging Guidance
The new hedge accounting guidance, which is effective in the first quarter of 2019 for calendar-year PBEs, changes the way entities account for and present their hedging relationships to better...
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Understanding the Purpose Requirement in Section 1031 Related-party Transactions
Section 1031 transactions can vary greatly in their complexity. Basic 1031 transactions may require very little mental horsepower to conduct, but certain transactions can be extremely tricky. Both...
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Challenges Related to the New Leases Standard
Management should focus on making sure the entity has controls in place to appropriately account for leases under the new leases standard. This will require companies to design different policies,...
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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.