NSAC Co-op 101

Date: Thursday, March 7, 2024
Time: 12:00 PM ET / 11:00 AM CT / 10:00 AM MT / 09:00 AM PT [Prevailing Time]
Presenter: Nick Mueting, CPA, Managing Shareholder, Lindburg Vogel Pierce Faris, Chartered
Moderator: Wayne Sine, CPA, Education Director, National Society of Accountants for Cooperatives
Learning Objectives:
Define cooperatives and discuss principles of cooperatives
Review areas specific to cooperative financials
Discuss inter-cooperative investments
Get an understanding of the basics of hedging
Analyze areas of cooperative taxation
Other accounting issues for cooperatives
Field of Study: Accounting
Program Level: Basic
CPE Credit: 3.6 Credit Hours
Delivery Method: Group Internet-based
Prerequisite(s): No advanced preparation or prerequisites are required for this course.
Members should visit the Recordings Catalogue to view all available recordings for free and on-demand. Join NSAC today to enjoy this benefit.
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Course Description

Are you ready to dive into the fascinating world of cooperatives while sharpening your financial and accounting skills? Co-op 101 is the perfect opportunity for professionals like you to gain a comprehensive understanding of the cooperative landscape. In this engaging course, you'll embark on a journey to define cooperatives and delve into the fundamental principles that underpin their unique structure. You'll explore their cooperative DNA, learning about shared ownership, and mutual benefit drive their operations.

Join us for this practical guide that reviews areas specific to cooperative financials. You'll discover how to effectively manage the financial side of cooperatives, explore the intricacies of intercooperative investments, and grasp the basics of hedging. Dive deep into the world of cooperative taxation and analyze key accounting issues that are specific to cooperative entities. This course will equip you with the knowledge and tools to excel in your field. Don't miss out on this opportunity to expand your knowledge. Enroll in Co-op 101 today and start your journey towards cooperative financial mastery!

Presenter and Moderator Bios

Presenter: Nick Mueting, CPA, Managing Shareholder, Lindburg Vogel Pierce Faris, Chartered

Nick Mueting is a Certified Public Accountant and the Managing Shareholder of the accounting firm Lindburg Vogel Pierce Faris, Chartered working primarily in the Dodge City, Kansas office. Nick recently served as National President of the National Society of Accountants for Cooperatives (NSAC) and is currently the NSAC Accounting and Auditing Committee Chair. He works primarily in the agricultural cooperative industry as an external auditor but loves advising his clients to solve all types of accounting and tax issues.

Moderator: Wayne Sine, CPA, Education Director, National Society of Accountants for Cooperatives

After retiring as Tax Director for Southern States Cooperative, Wayne Sine was asked to serve as Education Director for NSAC. He has been a long-time and active member of NSAC, having served as past President of the Atlantic Chapter and past Chair of the Tax Committee. In addition to his work with NSAC, Wayne has served on the Legal, Tax, and Accounting (LTA) Committee of the National Council of Farmer Cooperatives, Chaired the Tax Committees for both the Virginia Chamber of Commerce and the Virginia Manufacturers Association, served on the Tax Policy Committee of the Virginia Society of CPAs, and served as past Region Vice President for the Tax Executives Institute.

Free for NSAC Members / $99.00 for Non-Members

Delivery System

  • All programs are delivered using the Zoom platform.
  • Confirmations will include log-in instructions.
  • Participants are able to participate using any device with an Internet connect (if the device does not have speakers, the participant can also dial-in) or they can participate with audio only by dialing in.
  • All registrants will receive a link to the CLN’s recording by email within 48 business hours of event’s conclusion.
  • There will be assistance available to help with technical and connectivity issues up to 10 minutes prior to the start of the presentation.


All registration is done on-line and each guest must provide their name and email address to participate. All NSAC members may register for free. Non-members may register for a nominal fee.

Refund Policy

NSAC will not issue refunds for CLNs. If a registrant is unable to participate in the CLN and provides notification to info@nsacoop.org 48 hours prior to the session, a credit will be provided for a future CLN. Alert the NSAC staff member monitoring the CLN if technical difficulties are encountered and technical support will be provided to eliminate problems with future CLNs.

Additional Information

Live participation is required for CPE credit and polling questions must be answered to document your active participation. All registrants will receive an email following the session with links to the slides and/or handouts, and a link to the CLN recording (unless otherwise stated). If you are unable to participate in the live session, you can still watch the recorded session, but you will not be eligible for CPE credits. Those eligible for credits will receive their certificate by email with 7 business days.

For more information regarding NSAC CLNs or administrative policies such as complaint and refund, contact the NSAC Headquarters, 7946 Clyo Road, Suite A, Centerville, OH 45459, 937-222-6707, or info@nsacoop.org.