December 2018 Article Archives

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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Washington Update

Washington Update

Published July 9, 2025

Tax Extenders. At the time of this writing (April 2025), there is a long path ahead for President Trump’s “big, beautiful” tax bill. The bill would extend tax cuts and make changes to provisions enacted in the 2017 Tax Cuts and Jobs Act. Many provisions in the bill, including Section 199A(g), the deduction for farmer cooperatives, will expire at the end of 2025 without action by Congress. The bill will also include Republican ...

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Practical Uses of AI in Your Audit Practice

Practical Uses of AI in Your Audit Practice

Published June 25, 2025

This article explores the evolving role of Artificial Intelligence (AI), particularly Generative AI (GenAI), in financial statement audits, highlighting its practical applications, adoption trends, and oversight considerations. It examines insights from the Public Company Accounting Oversight Board (PCAOB) regarding GenAI’s current uses in administrative audit functions and the associated governance challenges. The article details how ...

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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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