Blog
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CalCPA Honors Destiny Flood with 2026 Women to Watch Award
AAFCPAs’ Partner Destiny Flood, CPA, has been selected as a 2026 CalCPA Women to Watch Award recipient in the Experienced Leader category, recognizing professionals whose leadership drives meaningful impact within the accounting profession. The Women to Watch Awards, presented by the California Society of Certified Public Accountants, honor leaders whose influence extends beyond their organizations […]
Forensic Accounting for Asset and Income Analysis in Litigation
Complex financial records can obscure key facts in legal disputes. Professional analysis can help legal teams clarify claims and inform strategy. Key Takeaways: Financial complexity often determines the outcome of legal disputes. Whether in divorce, trust, or civil business litigation, understanding the underlying financial picture is essential. Attorneys frequently face cases with tangled accounts, hidden […]
How the Anticipated Rescheduling of Cannabis and its Effects on 280E Reshapes Cannabis Tax Strategy
Cannabis businesses may gain access to tax deductions and strategies long restricted under federal law. This shift requires careful reassessment of cash flow, accounting positions, and long-term planning to leverage new flexibility. Key Takeaways: For years, Section 280E has shaped nearly every financial decision cannabis operators make. It dictates how taxes are calculated, how cash […]
How to Evaluate Whether a Firm Can Perform a SOC 1 Examination
SOC reports are often discussed as if they are interchangeable. In practice, that assumption breaks down quickly. A SOC 1 report is not a general compliance exercise, nor is it a standardized assessment that can be produced from a predefined set of controls. It is an attestation over internal controls that directly affect financial reporting—controls […]
AAFCPAs 2025 Impact Report
AAFCPAs is excited to reveal its 6th annual Impact Report! Metrics capture outcomes, but the true story of our work is people. AAFCPAs is a community of professionals who care deeply about clients, communities, and one another, a commitment reflected in our pledge to donate at least 10% of net income to nonprofits and in […]
AAFCPAs Celebrates 2026 National Charter Schools Week
AAFCPAs invites you to join the nationwide celebration of National Charter Schools Week, held May 10–16, 2026. The week recognizes public charter schools nationwide and their employees along with the role they play in advancing academic achievement. This year’s focus brings added attention to Career and Technical Education (CTE) programs and their contribution to workforce […]
Cannabis Rescheduling to Schedule III: What It Means for Cannabis Businesses
The U.S. Department of Justice has begun the long-anticipated shift of cannabis from Schedule I to Schedule III under the Controlled Substances Act. The action follows a presidential directive issued late last year and marks a notable change in how federal regulators approach cannabis, particularly in the context of medical use, research, and taxation. The […]
AAFCPAs Shares Nonprofit Audit Proofing Strategies at 2026 Institute for Trustees Conference
AAFCPAs has been invited to present a workshop as part of the 2026 Institute for Trustees Conference for nonprofit board members and executive directors presented by Essex County Community Foundation, Greater Worcester Community Foundation, Community Foundation for MetroWest, and South Coast Community Foundation. The conference brings together nearly 1,000 leaders from across the sector to […]
AAFCPAs Recognized by Forbes for Leadership Across Evolving CPA Roles
Forbes (April 2026) – Forbes has named four AAFCPAs professionals to its 2026 Best-in-State CPAs list, a national recognition that reflects individual distinction as well as the firm’s approach to serving clients across key markets. Those recognized include Destiny J. Flood, CPA in California, Sarah Flischel, CPA in Colorado, and David Kelleher, CPA, CGMA and […]