NSAC Happenings and Latest News

Cheers to 90 Years! NSAC is Celebrating a Milestone!

Cheers to 90 Years! NSAC is Celebrating a Milestone!

Published April 11, 2025

The National Society of Accountants for Cooperatives is thrilled to celebrate its 90th Anniversary—a milestone marking nine decades of supporting professionals in cooperative financial management and planning while advancing the cooperative model. Since 1935, NSAC has been the go-to for industry-specific education, resources, and connections. We’re kicking off the celebration in style at COMPASS, where attendees, both virtual ...

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The Cooperative Accountant Summer 2025

The Cooperative Accountant Summer 2025

Published June 6, 2025

The Summer 2025 issue of The Cooperative Accountant (TCA) has been released! Focusing on cooperative-related issues, such as accounting and auditing, finance, cooperative management, legal and regulatory issues and taxation, this journal has become widely recognized as the industry standard. NSAC members, please log into Connect to view or download the latest issue.

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Key Financial Considerations for Electric Cooperatives Implementing Distributed Energy Resources (DER) Programs

Key Financial Considerations for Electric Cooperatives Implementing Distributed Energy Resources (DER) Programs

Published May 14, 2025

Introduction As electric cooperatives evaluate the implementation of Distributed Energy Resources (DERs) Programs, finance professionals must carefully evaluate financial, regulatory, and operational impacts of any programs under consideration. A well-structured DER program for an electric cooperative aligns technology, infrastructure, financial models, policy, and consumer engagement to maximize grid reliability, cost-effectiveness, and member ...

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FASB Issues Standard That Clarifies Guidance for Identifying the Accounting Acquirer in a Business Combination

FASB Issues Standard That Clarifies Guidance for Identifying the Accounting Acquirer in a Business Combination

Published May 12, 2025

The Financial Accounting Standards Board (FASB) today published an Accounting Standards Update (ASU) that improves the requirements for identifying the accounting acquirer in FASB Accounting Standards Codification® Topic 805, Business Combinations. The ASU is based on a recommendation of the Emerging Issues Task Force (EITF). “The new ASU is the first recommendation from the recently reconstituted EITF to be issued ...

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In Tribute: Remembering Two Members of the NSAC Family

In Tribute: Remembering Two Members of the NSAC Family

Published April 17, 2025

The National Society of Accountants for Cooperatives (NSAC) is deeply saddened to share the passing of two cherished members of our community. They will be profoundly missed for their presence, dedication, and the many ways they enriched our professional family. We extend our heartfelt condolences to their families, friends, and colleagues during this difficult time. Richard French The NSAC community has lost a cherished friend, member, and ...

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