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!

Who presents the information for one of these courses?
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.

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 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.learningmarket.org.

Delivery Method: Group-Live.

CLN Policies
Refunds for CLNs are not provided. Member registrants, if unable to participate, will be provided with a link to the PODCast. Note PODCasts are not eligible for CPE credit.

For more information regarding refund, complaint and/or CLN cancellation policies, please contact our offices at (937) 222-6707 or info@nsacoop.org.

What does my registration include?
Your registration includes long-distance charges for the audio portion and log-in to the video presentation. All handouts and presentation files are downloadable and may be printed out or saved to the participant's computer once they are logged in to the course meeting room. Sessions include one Certificate of Attendance. Certificates for additional participants are $10.00 each.

Why NSAC Cooperative Learning Networks?

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

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

A computer, device and/or telephone are all the equipment you need.

CLNs are ideal for multiple attendees. Registrants may use a monitor and speakers/speakerphone and invite others to participate - at no extra cost to you. Additional attendees seeking CPE credit for viewing the session will incur a $10 fee per certificate request.

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.

For more information contact the National Office at 937-222-6707 or email to: info@nsacoop.org

Cooperative Learning Network

The Basic Cooperative Accounting Course
Date: Wednesday, November 28, 2007
Time: 11:00 AM ET / 10:00 AM CT / 09:00 AM MT / 08:00 AM PT [Prevailing Time]
Presenter(s): Donald Frederick, NSAC Director of Education and Philip Miller, Vice President & Controller Southern States Cooperative
Objective: By providing a unique professional forum, similar to the CLN CPE webcasts, participants will have the opportunity to hear brief mini-lectures and analyze case studies involving co-op accounting issues. Whatever the participant's background, we are certain this educational module will address many questions that may have arisen concerning cooperative structure, management and accounting issues unique to cooperatives.
Field of Study: Taxes, Business Management Organization, Accounting
Program Level: Basic
CPE Credit: 4 Credit Hours
Delivery Method: Group-Live

No advanced preparation or prerequisites are required for this course.

Course Description
A live, 4 hour interactive learning module presented through the internet right to your computer! This course will cover the unique organizational and operational aspects of doing business on a cooperative basis. The participant will have the opportunity to learn about the many cooperatives right in their own community, the benefits of participating in a cooperative, and the legal foundation of cooperatives. CPE credits will be offered in the area of taxes, accounting and business management organization.

 Morning Course Outline – November 28, 2007
11:00 AM EST – 1:00 PM EST
 Title / Topic / Presenter  Description  Field of Study CPE Credits Issued
Basics of Cooperatives
(Don Frederick)
Discussion of cooperative organization and operation, how cooperatives are used by their members to meet challenges and seize opportunities and the roles of various people in the success of a cooperative. Business Management & Organization  1
Cooperative Equities and Inter-Cooperatives Investments
(Phil Miller)
Understand common types of cooperative equities how each is calculated and identify circumstances for which type is appropriate. Develop an understanding of the types of inter-cooperative investments and why they are made; identify accounting issues regarding investments, issues involving valuation of inter-cooperative investments. Accounting  1
B R E A K           1:00 PM EST – 1:30 PM EST          B R E A K
 Afternoon Course Outline –November 28, 2007
1:30 PM EST – 3:30 PM EST
(Don Frederick)
Understand fundamentals of cooperative taxation, how taxation affects the organization/operations of cooperatives. Taxes  1
Financial Statements
(Phil Miller)
Understand the terminology typically used in financial accounting for cooperatives, identify the unique aspects of cooperative financial statements a) accounting principles and b) reporting formats. Accounting  1

Cost for 4 Hour version of “The Basic Cooperative Accounting Course”
 Members  Members
Additional CPE Certificate
 Non-Members  Non-Members
dditional CPE Certificate
(For all Registrants)
Materials emailed prior to Session
$110.00 per
Log In
(Includes 1 CPE Certificate)
$85.00 each $160.00 per
Log In
(Includes 1 CPE Certificate)
$120.00 each Basic Manual
(condensed for presentation)

Log In Instructions for Module

Individualized Sign In Sheet (signature required for issuance of CPE credit)

Course Evaluation Sheet

Internet Connection / Link

Dial In Toll Free Teleconferencing Phone No.

Presenter Bio(s)
On August 1, 2007, Donald A. Frederick began a new career as Director of Education for the National Society of Accountants for Cooperatives.

His responsibilities include preparing educational materials on cooperative accounting, auditing, finance, and taxation and coordinating development of program content for NSAC live and web-based educational seminars. Before joining NSAC, Don served for two decades as Program Leader for Law, Policy, and Governance with the Cooperative Programs group at the U.S. Department of Agriculture. Don's prior experience also includes time as a staff attorney in the Office of the General Counsel at USDA and several years on the legal staff of the National Council of Farmer Cooperatives.

Philip W. Miller is Vice President & Controller for Southern States Cooperative in Richmond, Virginia. He joined Southern States in 1973 as an Internal Auditor. After serving as a Senior Auditor, Assistant Manager of Internal Audit, Manager of Corporate Accounting and Assistant Controller, he was promoted to his current position in 2000. His current duties consist primarily of directing the control, accounting and financial reporting functions for the Company. Prior to his joining SSC, Miller worked as the Richmond area manager for the Ohio firm of Walden Inventory Services. Prior to that, he served for two years in the United States Army as a member of the President’s Honor Guard in Ft. Meyer, Virginia. He was born in Nevada and grew up on a farm in southern Indiana.

Phil received his BA in Economics from Berea College in 1968 and completed post graduate studies in Accounting at Virginia Commonwealth University in 1978. He is a licensed CPA in Virginia. He is a member of the AICPA, the AICPA Accounting Research Association and the Virginia Society of CPAs. He is a member of the VCU sponsored Controllers Executive Roundtable and serves on their Steering Committee. He is a national director for the National Society of Accountants for Cooperatives (NSAC), and served as national president of NSAC in 2001-2002. He serves as an editor and writer for NSAC’s national magazine, the Cooperative Accountant. He serves on the Board of Directors for the Virginia 4-H Foundation.

A PODCast of this workshop is now availble. Click here to order/view.

Additional Information

For more information regarding this series or administrative policies such as complaint and refund, please contact the NSAC National offices, 136 S. Keowee St., Dayton, OH 45402, 937-222-6707, email: info@nsacoop.org

The National Society of Accountants for Cooperatives (NSAC) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor 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 submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org