Education
One of the most beneficial offerings we provide, NSAC members are able to gather information online, in-person and through different resources all-year.
Tax, Finance and Accounting Conference for Cooperatives (TFACC) is an annual national conference featuring noted presenters and numerous breakout sessions on developments in cooperative tax, finance, accounting, auditing and management topics. TFACC attendees can earn 20 or more Continuing Professional Education (CPE) credits.
Basic and Advanced Cooperative Accounting Seminars offer training in the core concepts unique to working for or with cooperatives such as equity management, tax planning and risk management.
Cooperative Learning Networks (CLNs) are webinars that provide easy access to presentations, panel discussions and conversations by leading experts and fellow members on a variety of topics and issues important to those in the cooperative world. There are no travel expenses, no time away from the office and the best part – members may attend an unlimited number, all included with their annual membership dues. Recordings are archived for on-demand viewing.
Chapter Annual Meetings and Educational Programs provide technical programming and valuable networking and information exchange on key topics.
Resources
The Cooperative Accountant (TCA) is a quarterly technical journal published for nearly 70 years featuring timely and useful information on cooperative tax, accounting, finance, and economic issues.
The Tax Library is an online searchable database of IRS administrative rules, rulings and court cases concerning the tax treatment of cooperatives.
Welcome to Cooperatives is a booklet providing a basic explanation of how cooperatives are organized and operated, including equity management and tax treatment. It is a must-read for new employees without a background in cooperatives.
Connections
Alliances with organizations such as FASB, IFAS, IRS, NCBA, NCFC and others. For many years, NSAC limited its activity to reporting on developments of importance to its members. However, as we move forward, the leadership continues to recognize the need to work with other organizations inside the accounting community as well as the cooperative community to make sure the rapidly changing environment continues to keep the unique needs of cooperatives top of mind.
Communication is key with members and we strive to provide access to the latest information through our Connect platform, blogs, CLNs, conference presentations and social media.
Leadership development opportunities are available to all members through chapter and national board service, speaking engagements, writing opportunities, connections and mentorships.
Upcoming Events
2021 Tax Finance & Accounting Conference for Cooperatives
SAVE THE DATE! The Tax, Finance & Accounting Conference for Cooperatives is the premier annual conference for those professionals working working in this space. This virtual program offers proven strategies, tools, and resources to help your co-op, company, or firm increase efficiencies, improve financial controls, streamline regulatory compliance and make transactions manageable. The complete program and registration for the 2021 event will be available soon.
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2021 Technology Series
The age of technology in accounting has truly arrived and impacts every aspect of an accounting department or firm. Don't miss this Technology Series that will include SIX educational 60-minute sessions presented by Roman Kepczyk, CPA.CITP, CGMA, PAFM, Director of Firm Technology Strategy with Right Networks. Topics include Your Tax Season Debrief, Strategic Technology Outlook, Remote Work / Collaboration, CAAS Transformation, IT Considerations in M&A, and an Annual Security Update.
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PPP Loan Update
The Small Business Administration’s Paycheck Protection Program (PPP) has been an important source of support during the COVID-19 pandemic, but it has led to many implementation questions among cooperatives and the CPAs who serve them. This 60-minute zoom will feature a discussion on 2nd draw loans, loan forgiveness, and updates on the PPP from the perspective of the cooperative community, including patronage considerations. During this session, participants will learn about 2nd draw loans and PPP loan forgiveness, the impact of PPP loan forgiveness on co-ops, and receive relevant updates about the Paycheck Protection Program.
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