NSAC publishes a quarterly technical journal addressing a wide variety of financial issues surrounding cooperative enterprise. Well-respected throughout the industry, The Cooperative Accountant (TCA) furnishes timely and useful information on subjects of interest to the entire cooperative community. The technical journal features sections including TAXFAX, ACCTFAX, Small Business Forum and other relevant topics. NSAC recognizes an ongoing need to explore the cooperative's unique accounting practices and financial structure and devises programs to share this information with its membership. Contributions for articles are always accepted. To find out how you can submit an article for publication, contact the National Office.

Back issues and articles are available only to members through the National Office. Articles may be purchased through the National Office. Please indicate the author, title and issue when ordering. The price per journal for any article is $25.00.

If you are interested in looking at the TCA Index from 1985 to the present, click here (PDF Format)

Financial Reporting By Cooperatives

• Have you ever had a new issue arise that required special treatment or disclosure in your cooperative's financial statements and wished you knew how other cooperatives have handled such matters in their statements?
  
• Have you ever wondered how the financial statement treatment or the footnote disclosure you "developed" compares with other cooperatives' treatment of similar matters?
  
• Have you ever struggled with the writing of a footnote disclosure and wished you had access to others' solutions to comparable dilemmas so you wouldn't have to "reinvent the wheel?"
  

If any of these questions were true, then this may be the answer for you. The primary focus of “Financial Reporting by Cooperatives” relates to the uniqueness of financial statement disclosures by cooperatives, an area that is not well addressed by the body of accounting pronouncements. Of the few authoritative sources available to refer to for guidance in dealing with unique cooperative financial statement disclosure issues, this publication certainly ranks high! The information, extracted from the database of over 40 actual cooperative financial statements, has been sorted by financial statement classification. Each major section of the publication includes a discussion of the accounting principles relevant to that area of the financial statement. The discussion is followed by the examples of actual financial statement footnote disclosures on areas of the financial statements that include elements unique to cooperatives.

Financial Reporting by Cooperatives should prove to be an indispensable tool to every preparer of financial statements for cooperatives, to students of cooperative accounting and to anyone who has occasion to work with such statements. The publication is available free of charge to members by link only. Please click here. It is revised each year by members of NSAC’s Accounting & Auditing Committee.

The cost for a one-year subscription is $75 and for a three-year subscription is $225 for non-members.
Click here for an online order form.

Does your cooperative or firm have new employees who are unfamiliar with cooperative principles and practices? Do your members and employees understand the responsibilities of the individual manager, the directors, the members and all employees? Do they know how a cooperative differs from an individually owned business, a partnership or other types of corporations? Could they benefit from information about the many types of cooperatives in their community, the benefits of cooperation or an explanation of basic cooperative equity management and taxation?

This new 58 page publication will bring clearer understanding to what a co-op is and how it serves its members. You can provide the answer to these questions and many more by downloading copy/copies of Welcome to Cooperatives which is free to NSAC members.

Download the pdf version (Members Only)

The Membership Directory and the NSAC Resource Guide are available free of charge in electronic format in the "Members Only" section of this website.