Welcome

Welcome to the NSAC Website!
What Is NSAC? The National Society of Accountants for Cooperatives(NSAC) is comprised of professionals actively involved with the financial management and planning of cooperative business. NSAC strives to
provide accounting, tax and business education uniquely tailored to cooperatives, supports cooperatives in business interests, and offers networking and professional developement opportunities.

What Members Say about NSAC
December 2014
I am retiring at the end of the month and I will be staying in NSAC as a retired member. “It's been a good 30 years of active membership. I met lots of good people and received lots of valuable information. My replacement has already joined NSAC”.  
RP (Ron Peterson) Minnesota.
 

Upcoming EventsNSAC Cooperative Learning Network
NSAC's group-live, educational teleconferences uniquely tailored for cooperatives
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Order PODCasts >>

Upcoming CLN Workshop(s):
Washington Update 2017
April 6th, 2017
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Business Continuity Planning
April 13th, 2017
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Advanced A&A Seminar 2017
May 2nd, 2017
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The ACA and the New Administration
May 16th, 2017
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Make your plans now for the
2017 Tax, Finance & Accounting Conference for Cooperatives in
Salt Lake City, Utah | August 6-9

 
Latest News

FASB changes presentation of defined benefit costs
FASB issued an accounting standard that is designed to increase the transparency and usefulness of information about defined benefit costs for pension plans and other post-retirement benefit plans...
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The ROI of Revenue Automation in a Post-ASC 606 World
The new revenue recognition standards issued jointly by the Financial Accounting Standards Board and the International Accounting Standards Board have been a long time in the making, and merging U.S....
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FASB Clarifies Scope of Asset Derecognition Guidance
FASB issued a standard that clarifies the scope of its asset derecognition guidance and adds accounting guidance for partial sales of nonfinancial assets. The guidance is included in Accounting...
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Nonqualified Patronage Distributions Provide Alternative for Coops
Cooperatives distribute member-based income to patrons in the form of patronage dividends. Historically, these took the form of qualified patronage dividends with a portion paid in cash and the rest...
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IRS Warns W-2 Phishing Scam Is Spreading Wider
The Internal Revenue Service is cautioning a variety of organizations that the W-2 phishing email scam is now spreading to more organizations beyond corporate America, with schools, restaurants,...
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