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Our Blog acts as a great resource of topical information for the finance community. Use the search function to find specific topics or browse our categories to benefit from our past shared learnings.

Guidance for CHCs on Critical, ACO-related Budgeting, Forecasting, and Risk/Settlement Planning

Guidance for CHCs on Critical, ACO-related Budgeting, Forecasting, and Risk/Settlement Planning

Recently, healthcare providers have seen an increasing prominence of alternative payment methodologies (APMs), primarily in the form of Accountable Care Organizations (ACOs), which include risk sharing and/or incentive payment components. In Massachusetts, community health centers (CHCs) are beginning to have their first exposure to ACOs through the Medicaid 1115 waiver and the recently implemented MassHealth ACOs.  Generally, CHCs have adapted to the MassHealth ACO environment and related care coordination efforts... continue reading

Highlights from FEI-Boston’s March 2019 Executive Event

Highlights from FEI-Boston’s March 2019 Executive Event

FEI-Boston’s March 2019 Executive Event was an extraordinary success this morning at the Federal Reserve Bank of Boston! “I was delighted to be selected to moderate this distinguished panel of senior investment strategists, which featured thought provoking discussion and an engaged audience full of questions,” said Andrew Hammond, Partner, AAFCPAs Wealth Management.  What Did We Learn In 10 Years & Where Do We Go From Here? Central bank coordinated efforts led... continue reading

AAFCPAs to Present Workshop on Right-Sizing Your Finance Function at Cannabis Convention, Boston

AAFCPAs has been selected to present an educational workshop: Right-Size Your Finance Function at the 5th Annual New England Cannabis Convention, March 22-24th, 2019, at the Hynes Convention Center, Boston MA. The New England Cannabis Convention in Boston is considered the can’t-miss event of the year by cannabis growers and business cultivators across the region. This will be the largest, most important cannabis industry event on the East Coast. Right-Size... continue reading

AAFCPAs Wealth Management Adds Depth to Wealth Advisory Expertise by Welcoming Kevin Hodson

AAFCPAs Wealth Management, an affiliate company of AAFCPAs, is pleased to announce the addition of Kevin Hodson, Wealth Advisor.  Kevin joins our growing team of advisors after 18 years of experience in financial services, as well as 6 years active duty in the United States Marine Corps. Kevin is driven by strong ethical values, and high standards of excellence. These values and standards impact his success as a Wealth Advisor... continue reading

The Time is Now to Understand the Implications of the New Lease Standard, Effective 2020 for Private Companies and Most Nonprofits

In February 2016, FASB issued Accounting Standards Update (ASU) 2016-02, Leases (Topic 842) to increase transparency and comparability of lease transactions. There are elements of the new standard which will likely impact almost all entities to some extent, although lessees will likely see the most significant changes with their accounting for and reporting of lease agreements. Because of the significant changes contained in this ASU, the effective date for implementing... continue reading

New Partnership Level IRS Audit Rules in Effect

AAFCPAs would like remind clients that, effective for tax years beginning after December 31, 2017, the IRS has instituted new centralized partnership audit rules under the Bipartisan Budget Act (BBA) of 2015.  As mentioned in a prior blog, these rules introduced the role of a Partnership Representative and provide for the assessment and collection of tax (including penalties and interest) to be at the partnership level. Collection of the tax... continue reading

AAFCPAs’ Joyce Ripianzi to Present Accounting & Tax Update for Nonprofit EDs and Board Members

AAFCPAs Partner Joyce Ripianzi, CPA has been selected to present an educational Accounting & Tax Update on March 9th as part of the Essex County Community Foundation’s 10th Annual Institute for Trustees. This annual event is designed to provide education, training and best practices for first year board members as well as the most seasoned trustees. In this extended workshop session, Joyce will provide key considerations and best practice recommendations... continue reading

AAFCPAs to Present Workshop on Anticipating Fraud at NBOA Conference, San Diego, CA

AAFCPAs has been selected to present an educational workshop: Rogue Waves Sink the Unwary Vessel: Think Like a Fraudster at the National Business Officers Association (NBOA) Conference in San Diego, CA, March 3-6. This is a must-attend conference for CFOs, heads of school and other business and operational leaders in nonprofit K-12 education, providing exceptional learning opportunities that touch on independent school leadership, finance, enrollment, risk management, facilities, governance, fundraising, technology, and... continue reading

Andrew Hammond, CFP® will moderate FEI-Boston’s March 2019 Executive Event: What Did We Learn in 10 Years & Where Do We Go From Here?

Andrew Hammond, CFP®, Partner & Wealth Advisor at AAFCPAs Wealth Management, will moderate a seasoned panel of peer investment strategists discussing what we should have learned since the recession of 2008-2009, and how the equity community and government is working to minimize the risk of this happening again. The Dow plunged 54% in 18 months between 2008 and 2009, the largest since the Great Depression of 1929.  We have come a... continue reading

Where do VGo from here? AAFCPAs’ Innovation Lab in Action

Innovation is often considered the path to growth – both for a company and for individuals. While we agree that new product or service approaches are exciting, we also believe that innovative ideas are critical to improving our culture and the way we work together. We look for breakthroughs that help us excel, whether coming up with new approaches for our clients or for our day-to-day work life. That’s why... continue reading