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
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.
NSAC's group-live, educational teleconferences uniquely tailored for cooperatives
Upcoming CLN Workshop(s):
Current Cooperative Tax Update
September 14th, 2016
The Top Ten Cooperative Fraud Schemes for 2016
September 29th, 2016
Grand Hyatt in Washington D.C.
Tax, Finance & Accounting
Conference for Cooperatives
NSAC + NRECA = Collaboration between Cooperatives
July 31 – August 3, 2016 | Washington, DC
An unparalleled education event in cooperation with the National Rural Electric Cooperative Association. The partnership between NSAC and NRECA means more learning opportunities and a chance to broaden the networks of co-op financial professionals.
Sales and Use Tax Audit Sampling
Business taxpayers sometimes face surprisingly large sales and use tax audit assessments when the tax or taxable amount is projected from seemingly small and infrequent errors in the auditor's...
The Hidden Costs of a Data Breach
Much of the business discussion around cyber-security relates to protection of key assets such as customer information and intellectual property, often after the news that another company has...
Cost Segregation Recapture Tax
Cost Segregation Recapture Tax Here are some ways to lower any depreciation recapture when disposing of a property. Savvy tax professionals who recommend cost-segregation studies are well aware of...
FASB proposes concepts for financial statement presentation
FASB issued a proposal that would establish a set of concepts for how recognized items should be presented in a financial statement. The exposure draft issued by FASB is designed for provide a...
FASB proposes changing income tax disclosure requirements
FASB proposed accounting rules Tuesday that would change disclosure requirements for income taxes on organizations' financial statements. Under the proposal, existing disclosure requirements would...