AAFCPAs to Speak on Enhancing Audit Value at MassCPAs Nonprofit Infoshare

Boston, MA (July 30, 2025)—AAFCPAs’ Partner David Kelleher, CPA, CGMA spoke at the Nonprofit Infoshare, hosted by MassCPAs. The program included a cybersecurity session, an industry update panel on enhancing audit value, and a discussion on navigating operational and financial uncertainty.

Kelleher served as a panelist during the Industry Update Panel, Beyond the Numbers: Enhancing Audit Value Through Insight and Innovation. The session explored how nonprofit finance teams and auditors can work together to elevate the audit from a compliance exercise to a source of strategic insight. Panelists discussed the use of benchmarking and key performance indicators (KPIs), ways to enhance financial statement presentation, and how to incorporate a management discussion and analysis (MD&A) section. The conversation also addressed how audit outputs can support external evaluations, such as Charity Navigator ratings. Attendees left with practical ideas to help improve transparency, accountability, and decision-making through the audit process.

The Nonprofit Infoshare was designed for CPAs who advise or serve nonprofit organizations and offered a focused opportunity to stay current on issues shaping the sector. Attendees gained timely insights, heard practical examples, and exchanged best practices with peers—all while earning 3.0 CPE credits.

About AAFCPAs Nonprofit Expertise

AAFCPAs has advised nonprofit organizations since 1973, delivering more than audit and tax compliance. Our team is sought after for strategic guidance in areas such as outsourced accounting, fractional CFO support, reserve and endowment planning, technical accounting, and systems consulting. We understand the complexity of nonprofit operations—including regulated funding, grant compliance, and board governance—and provide tailored advice to help organizations strengthen financial oversight, improve efficiency, and advance their mission. Our insight, combined with deep sector knowledge, makes us a trusted partner to nonprofits across all stages of growth.

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About the Author

David Kelleher, CPA, CGMA

Dave provides audit, tax, and business advisory solutions to nonprofit organizations including independent and charter schools, early education and care (EEC) agencies, multi-service human and social services providers, and community development corporations. He helps nonprofit organizations navigate complex regulatory requirements including multi-state filings, related party transactions, and executive compensation disclosures in various federal and state tax filings. He also advises on state-specific filing requirements, such as the Massachusetts Uniform Financial Report (UFR), and funding source …

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