Innovations in Equity and Patronage

Date: Wednesday, August 28, 2024
Time: 11:00 AM ET / 10:00 AM CT / 09:00 AM MT / 08:00 AM PT [Prevailing Time]
Presenters: Kyle Cook, Team Manager, Levridge, John Wieser, IT Director, Minn-Dak Farmers Cooperative (MDFC)
Moderator: Wayne Sine, CPA, Education Director, National Society of Accountants for Cooperatives
Learning Objectives:
Key Learnings/Take-Aways:
• Discover current industry challenges impacting Cooperatives.
• Understand the benefits of a modern Equity and Patronage cloud-based solution.
• Comprehensive checklist review to better understand the current state of their cooperative equity and patronage system and discover future needs.
• Identify the motivations for system updates and understand the potential outcomes and ROI from adopting a new cloud-based solution.
Field of Study: Computer Software & Applications
Program Level: Basic
CPE Credit: 1 Credit Hour
Delivery Method: Group Internet-based
Prerequisite(s): No advanced preparation or prerequisites are required for this course.

IMPORTANT NOTE:
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

Join us for a comprehensive webinar as we explore the pressing industry challenges facing Cooperatives today. Discover the numerous benefits of a modern Equity and Patronage system designed to support the unique accounting needs, compliance requirements, and transparency requests of cooperative members. During this webinar, we will discuss:

Industry challenges facing Cooperatives.
Benefits of a modern cloud-based system to support your equity and patronage needs and provide transparency to members through a self-service portal.
First-hand account from the IT Director at Minn-Dak Farmers Cooperative on their journey from a homegrown Equity and Patronage system to a modern, cloud-based solution.
Questions cooperatives should ask to evaluate their current system and identify priorities for their future system.

Presented in conjunction with the National Society of Accountant for Cooperatives and the National Council of Farmer Cooperatives.

Presenter and Moderator Bios

Presenter: Kyle Cook, Team Manager, Levridge

Kyle has more than 5 years of consulting experience and a deep accounting background, previously working as an inventory analyst and cost accounting manager. Kyle has expertise in Dynamics 365 Finance & Operations, trade and logistics, supply chain, and strategic planning. He received a degree in accounting and business management from Utah Valley University. Kyle holds the following Microsoft certifications: Financial Management in Microsoft Dynamics 365 for Finance and Operations and Distribution and Trade in Microsoft Dynamics 365 for Finance and Operations.

Presenter: John Wieser, IT Director, Minn-Dak Farmers Cooperative (MDFC)

John Wiserner is the IT Director Minn-Dak Farmers Cooperative, with over 30 years of experience. His primarily focus is on Shareholder Accounting, ERP systems, and software development.

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.

Cost
Free for NSAC Members / $56.00 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.

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.

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.

What is NSAC's Cooperative Learning Network?
The NSAC Cooperative Learning Network is a live, interactive webinar, and you can attend from any location with internet and/or telephone access. NSAC members can attend an unlimited number of CLNs at no charge!

Each Cooperative Learning Network will have one or more speakers who are recognized experts on the topic. CLNs typically include a Q&A session where participants can ask questions live or by chat. No advance preparation or prerequisites are required, unless otherwise stated in the course information. Attendees are able to download copies of the slides and/or handouts and are provided a link to view the recording (unless the description states the session will not be recorded). These tools help continue your learning experience after the session.

CPE Credits
The National Society of Accountants for Cooperatives (NSAC) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor (#103068) of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

Delivery Method: Group-Internet Based.

Why NSAC Cooperative Learning Networks?

Fast.
No wasted time. Get right to the heart of the matter in a course designed to easily fit into your busy schedule.

Convenient.
No travel. No time out of the office. Listen and follow along from the comfort and convenience of your desk, device or conference room.

Easy.
A device with an Internet connection is all you need. If your device does not have sound capabilities, the ability to dial in from a telephone is available.

Ideal for multiple attendees.
Use a speakerphone and projector/monitor and invite as many people as you want to participate - at no extra cost to you.

Affordable.
NSAC Cooperative Learning Networks are free for members and available to non members at a fraction of the cost of travel and attendance fees for other high-priced conferences or seminars.