Business Combinations Accounting

Date: Thursday, January 29, 2026
Time: 02:00 PM ET / 01:00 PM CT / 12:00 PM MT / 11:00 AM PT [Prevailing Time]
Presenter: Randy F. Throener, CPA, Partner, FORVIS MAZARS
Moderator: Wayne Sine, CPA, MBA, Education Director, National Society of Accountants for Cooperatives
Learning Objectives:
• Develop a solid understanding of the valuation principles applied in business combination accounting.
• Recognize common areas of focus and potential pitfalls in cooperative business combinations.
• Identify and account for intangible assets that may arise during a business combination.
Field of Study: Accounting
Program Level: Intermediate
CPE Credit: 1 Credit Hour
Delivery Method: Group Internet-based
Prerequisite(s): No advanced preparation or prerequisites are required for this course.

Course Description

Join Randy Throener, CPA and Audit Partner with FORVIS MAZARS, for a 60-minute Zoom session that offers a comprehensive overview of the fundamental principles of business combination accounting, with a focus on areas that often present unique challenges for cooperatives. This session is designed to provide financial professionals with a clear understanding of the key concepts, practical considerations, and common complexities encountered during business combinations. Participants will gain insights into valuation principles, the identification of intangible assets, and specific areas of focus relevant to cooperative mergers and acquisitions, equipping them to navigate these transactions with confidence and accuracy.

Presenter and Moderator Bios

Presenter: Randy F. Throener, CPA, Partner, FORVIS MAZARS

Randy is an audit partner for Forvis Mazars, a top 10 CPA firm. He is the national leader of Forvis Mazars' agribusiness industry practice and is a member of the Forvis Mazars manufacturing sector practice. Randy also leads the Nebraska Forvis Mazars commercial services group. He has more than 30 years of experience in public accounting, providing audit and consulting services to a variety of clients, including agribusiness cooperatives, processors, producers, and distributors, as well as manufacturing and distribution and private equity-owned entities. He has extensive experience in hedge accounting, mergers and acquisitions, inventory valuation, cost analysis, and stock-based compensation. He is a member of the American Institute of CPAs, the Nebraska Society of Certified Public Accountants, and the BKD Foundation Committee. He is a graduate of Leadership Lincoln and Leadership Nebraska. Randy is a 1994 honors graduate of Nebraska Wesleyan University, Lincoln, with a B.S. degree in business administration with an emphasis in accounting.

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

After retiring as Tax Director of a regional supply cooperative on the East Coast, Wayne Sine was asked to serve as Education Director for NSAC. As an active and long-term member of NSAC, Wayne previously served as Chair of NSAC’s Tax Committee, President of the Atlantic Chapter, and was a recipient of NSAC’s Silver Bowl Award. In addition to his work with NSAC, Wayne has also 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 Region Vice President for Tax Executives Institute.

Cost
Free for NSAC Members / $65.00 for Non-Members

Online Registration

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.