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?

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 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.

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.

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

Cooperative Learning Network

02-21-19 NSAC Basic A&A Session 2
Date: Thursday, February 21, 2019
Time: 11:00 AM ET / 10:00 AM CT / 09:00 AM MT / 08:00 AM PT [Prevailing Time]
Approximate Duration: 240 minutes
Presenter(s): Phil Miller, Asst. NSAC Education Director & Meegan Moriary, USDA
Field of Study: Accounting, Auditing and Taxes
Program Level: Basic
CPE Credit: 3 Credit Hour
Delivery Method: Group-Live

No advanced preparation or prerequisites are required for this course.

Course Description
Co-op Equity

This 50-minute course is one of the modules contained in the NSAC Basic Accounting Course, taught at a basic level. The course discussion includes:
? Types of Co-op Equity
? Recording Patronage Refunds
? Equity Redemption
? Inter-Cooperative Investments
? Examples


Basic Co-op Taxation II

This 50-minute course is one of the modules contained in the NSAC Basic Accounting Course, taught at a basic level. The course discussion includes:
? Revisit of Co-op Tax Basics
? Patronage and Nonpatronage Income
? Section 521
? Handling of Losses
? Equity Redemptions at Less than Face
? Domestic Production Deduction


Co-op Financial Statements

This 50-minute course is one of the modules contained in the NSAC Basic Accounting Course, taught a basic level. The course discussion includes:
? Terminology
? Revisit ?PATRONAGE REFUNDS?
? Financial Statements Differences
? Notes to Financial Statements

Presenter Bio(s)
Phil Miller retired as the Executive Secretary for the Virginia Cooperative Council headquartered in Richmond. His career experience includes thirty seven years with Southern States Cooperative. He was serving as the Vice-President and Controller at the time of his retirement from the organization. Previously he served in several internal audit roles and corporate accounting management before being promoted to Controller.

Meegan Moriarty analyzes federal and state cooperative policy for USDA?s Rural Business Cooperative Service. She leads a nationwide project researching, comparing, and analyzing state cooperative statutes. Previously she worked in the National Tax office of Ernst and Young tracking and analyzing federal tax legislation and regulations and consulting with clients on business opportunities presented by tax law changes. She has a JD from Georgetown University Law Center and a BA from the University of Notre Dame.

A PODCast of this workshop may be available. Please contact us. if you are interested.

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