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

Tools for the Cooperative Finance Professional Toolbox - It's Budget Season
Date: Thursday, September 27, 2018
Time: 02:00 PM ET / 01:00 PM CT / 12:00 PM MT / 11:00 AM PT [Prevailing Time]
Approximate Duration: 60 minutes
Presenter(s): Teri Wallis, Terilyn Wallis Consulting
Objective: Discussion of Cash Flow analysis, evaluation of capital projects, and the value of debriefing
Field of Study: Finance
Program Level: Basic
CPE Credit: 1 Credit Hour
Delivery Method: Group-Live

No advanced preparation or prerequisites are required for this course.

Course Description
Learning Objectives:
•1. Cash Flow Analysis ? The budgeting process requires an analysis of cash flows in addition to the operating statement and balance sheet. Attendees will learn to analyze their cash position including: 1) the base budget of an operating budget, work plan and capital credit rotation, 2) one-time projects, and 3) strategic objectives.
•2. Evaluation Capital Projects ? Budget season highlights the competing demands for projects to be completed and available funding. We will discuss metrics and evaluation techniques to assist in the evaluation of determining which projects should make it into the budget.
•3. The value of debriefing ? By stepping back and evaluating prior results, adjustments can improve the budgeting process going forward. Attendees will learn some tips about debriefing efficiently and effectively.

Presenter Bio(s)
Teri is passionate and experienced in providing education, training and consultative services to electric utilities, the electric cooperative network, and cooperatives in a way that is down to earth, practical, and builds rapport. She has over 20 years of experience working in and with cooperatives across the nation to help solve their business needs. Her depth of knowledge comes from a deep understanding and work in the areas of finance and accounting. She is a skilled planner ranging from the broad outcomes of facilitating strategy sessions, to the details of building a road map to the future, and forecasting the financial impacts.

Teri is driven to deliver and develop engaging and practical educational workshops and programming designed to meet the needs of employees and directors through engaging and interactive content. Teri reaches program attendees and boards of directors with her high energy, industry knowledge, and by integrated proven methods for adult learning into her material.
Teri?s work experiences include working at the national level as a Regional Vice President for National Rural Utilities Cooperative Finance Corporation (CFC) where she has been an instructor in the National Rural Electric Cooperative Association (NRECA) Cooperative Financial Professional Certificate (CFPC) course for five years on the topics of equity management, financial and other related policies, and the key ratio trend analysis (KRTA). She has also taught financial topics in the MIP program. Teri was in integral in the development, writing, and presenting of CFC?s KRTA Certification courses. She has also been as a presenter for CFC Director workshops, and a speaker at the Independent Borrowers Executive Summit (IBES) on distribution equity. She is highly skilled at the planning functions of forecasting, budgeting, and facilitates numerous strategic planning sessions each year.

Prior to working at the national level, Teri was a Chief Financial Officer an electric cooperative that served over 20,000 members, provided diversified services and was even a taxable cooperative for a few years. She also has finance and accounting experiences in other industries, making her a well-rounded financial professional.

Teri?s education includes an M.B.A. in finance from the University of St. Thomas, Minneapolis, and a B.S. in accounting from the University of Wisconsin ? Superior. Teri is nearing completion of a Doctor of Education in adult education. In 2009, Teri completed the NRECA Management Internship Program at UW-Madison Center for Professional and Executive Development.

Away from work, Teri and her husband, Mike, enjoy spectating the activities and events of her two children, spending time with family, working with their dogs and enjoying the outdoors. Teri is 4-H club and county leader, volunteer, and huge proponent for the 4-H program, as well as a certified Fair Judge.



Registrations are completed on-line. Include the name(s) of the course(s) for which you would like to register and the email address of the primary registrant, to which program information should be forwarded. Log-in details will be email to primary registrants one day prior to each course.

Fees and Payment Procedures

  • The fee for each NSAC member participant login location is complimentary. For locations with more than one computer login each device login must have a named primary registration on file with NSAC.
  • The fee for each non-member participant login location is $70.00.
  • A participant sign-in sheet will be sent in advance of all sessions and the names of actual participants can be changed or added at this point. Each primary registration includes one CPE certificate. Additional participants may request a certificates of attendance for $10 each.
  • Non-members must pay online.

Delivery System

  • All programs will be delivered using Adobe Connect. Participants may start logging in 20 minutes prior to CLN’s start time. Participants may call the toll-free conference phone number to access the audio portion of the presentation or use their computer speakers. Participants’ phone lines/device is automatically muted upon connection to the call.
  • • All participants should have Internet access (high speed access recommended but not required) and an audio connection via either speakers or phone. For more than one participant per participant location, a quiet conference room with a monitor/screen and speaker phone is suggested.
  • Assistance is available with procedural, downloading or connection issues 20 minutes prior to the start of the presentation.

System requirements to use Adobe Connect:
Adobe Connect only requires that you have an Internet connection and Adobe Flash Player version 10.1 or greater to attend a webinar. Adobe Connect supports nearly any operating system including Windows, macOS, Linux, Solaris, iOS and Android as well as the most widely used browsers including Internet Explorer, Firefox, Safari, and Chrome. You can test your system for compatibility HERE.

Adobe Connect has an app available through the AppStore or Google Play.

Refund Policy

NSAC will not issue refunds for a Cooperative Learning Network registration. If a registrant is unable to participate in the Cooperative Learning Network, he/she will receive a link to the session’s Podcast.

Tip: Viewing the Podcast does not qualify for CPE credit.

Log Ins

Participants can log-into a course 20 minutes prior to the start time of the session. You may then download related files from the file pod in the sidebar. Course materials will also be sent within 72 hours of the CLN. If you experience difficulty downloading please call our office at (937) 222-6707 or email info@nsacoop.org. For those registrants who may experience difficulty logging in to the video portion of the Cooperative Learning Network session, the audio can still be accessed by phone.


Podcasts are available within three business days after the CLN. CPE is not available for viewing of the recorded session.

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