Blog
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AAFCPAs Managed Accounting Solutions Practice Recommends Three Strategic Budgets for Nonprofits
It can be tempting for finance teams and executive leadership of nonprofits to focus mostly on near-term strategy. However, in order to ensure sustainability, AAFCPAs advises nonprofits to broaden the scope of their financial planning process to address the challenges of the current economic and funding landscape, and to ensure sustainability in the long-term. We […]
AAFCPAs Adds Tax Expertise to Support Continued Client Growth
AAFCPAs is pleased to announce the addition of tax advisor Luis D. Kelly, MST, CPA to support the firm’s continued growth in our thriving Tax Practice for privately-held businesses. Luis combines deep sector insights with proven, innovative tax strategies to ensure the firm’s emerging and growth-stage clients are fully compliant, while balancing U.S. tax considerations with their […]
AAFCPAs to Present Workshop on Internal Controls & IT Countermeasures to Mitigate Risks
AAFCPAs’ Vassilis Kontoglis and David Kelleher will present an educational workshop on Best Practices in Internal Controls and IT Security to assist in mitigating risk at The Massachusetts Association of Early Education & Care (MADCA) Administration and Management Conference, in Worcester, MA on November 28th. Risk Management requires continuous improvement, and organizations must stay vigilant, […]
AAFCPAs Cultivates Lush Giving Tree Again for #GivingTuesday
We are happy to announce that AAFCPAs will again participate in #GivingTuesday, November 27th, 2018, a global day dedicated to giving! Celebrated on the Tuesday following Thanksgiving, #GivingTuesday provides a shift in focus from the widely promoted shopping events of Black Friday and Cyber Monday to the charitable giving season that comes with the holidays, […]
An Experienced Leader’s Perspective: Women Supporting Women
I was honored to be recognized recently as a recipient of the Massachusetts Society of CPAs’ (MSCPA) 10th Annual Women to Watch Awards. This award, in the Experienced Leader category, prompted me to reflect on my career and take stock in what I’ve accomplished. I’ve been a career-long advocate and regular speaker on the topic […]
AAFCPAs Donates to Khadijah Medical Clinic
At AAFCPAs, we donate 10% of our net income annually back to nonprofits in an effort to use the power of business as a force for good. Recently, AAFCPAs as well as several individual team members donated to Khadijah Medical Clinic in Liberia, a small West-African country in recovery from civil war. This will be […]
AAFCPAs Welcomes Consulting CFO Scott Posnick to Support Steady Growth of Managed Accounting Solutions Practice
Boston, MA (November 11, 2018) – AAFCPAs, a best-in-class CPA and consulting firm known for assurance, tax, accounting, wealth management, valuation, business process, and IT advisory solutions, today announced the addition of Consulting CFO, Scott Posnick, CMA. Scott joins AAFCPAs’ growing Managed Accounting Solutions (MAS) Practice, which provides high-quality, cost-effective, cloud-based accounting and CFO solutions. He is […]
FASB Issues ASU 2018-17: Targeted Improvements to Related Party Guidance for Variable Interest Entities
AAFCPAs would like to make clients aware that the Financial Accounting Standards Board (FASB) on October 31, 2018, issued an Accounting Standards Update (ASU) that reduces the cost and complexity of financial reporting associated with consolidation of variable interest entities (VIEs). A VIE is an organization in which consolidation is not based on a majority […]
Carla McCall Awarded Outstanding Women in Business 2018
AAFCPAs is honored to announce that our firm’s Co-Managing Partner Carla McCall, CPA, CGMA was selected for the Worcester Business Journal’s (WBJ) 10th Annual Outstanding Women in Business awards. These distinguished awards recognize the achievements of strong, talented and remarkable women who are making their mark on the Central Massachusetts business community. “Carla’s dynamic executive leadership, […]