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.
NSAC's group-live, educational teleconferences uniquely tailored for cooperatives
Upcoming CLN Workshop(s):
New Revenue Recognition Rules
October 9th, 2014
What is a Cooperative?
October 15th, 2014
Cooperative Director Legal Overview
October 30th, 2014
New Lease Accounting Rules
November 12th, 2014
December 2nd, 2014
2014 Rural Utilities Service CPA Seminars
SAVE THE DATE! August 2-5, 2015
More Details Soon
How Cooperatives and Agribusinesses Can Prepare for Mergers and Acquisitions
Merger and acquisition deals are becoming a large part of the agribusiness and cooperative industries today...
Stealing in Plain Sight
“I’m too busy.” “That will take too long.” Who hasn’t heard these and similar comments when improvements are recommended....
Management to be Required to Assess Going Concern of Entity
The FASB issued final guidance that requires management of all entities to evaluate whether there are conditions and events that raise substantial doubt about the entity’s ability to continue...
States Move Ahead on Nexus for Sales Taxes
While the effort to pass federal legislation governing sales and use taxes on online purchases appears to have stalled, some states have begun their own initiatives...
T&E Fraud Linked to 5% of Employees
The vast majority of fraudulent activity on travel and expense reports can be attributed to just 5 percent of employees, according to a new report.
Private Companies May Get Exemption on Accounting for Intangible Assets
The Private Company Council voted to finalize an alternative that would exempt private companies from separately recognizing and measuring non-competition agreements and customer-related intangible assets...
IRS May Shift W-2 Deadlines to Combat Identity Theft and Tax Fraud
The Internal Revenue Service is being urged to move up its W-2 filing deadline to January 31...