Blog

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.

An Experienced Leader’s Perspective: Women Supporting Women
AAFCPAs at the 2018 MSCPA's Women to Watch Awards

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
Khadijah Medical Clinic

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
Scott Posnick, Consulting CFO

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

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
Carla McCall, CPA, CGMA, Co-Managing Partner 2018 Outstanding Women in Business

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, […]

AAFCPAs Launches Innovative Advanced Degree Programs to Support Rising CPA Talent
AAFCPAs & Nichols College

AAFCPAs Launches Innovative Advanced Degree Programs to Support Rising CPA Talent

Boston, MA (October 30, 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 it has partnered with Nichols College Graduate & Professional Studies to provide tailored programs for CPA licensing and MBA degrees. The initiative is part of the […]

Outstanding Women in Business 2018: McCall helped grow accounting firm 50%

Outstanding Women in Business 2018: McCall helped grow accounting firm 50%

Worcester Business Journal | In 2011, Carla McCall became the co-managing partner of AAFCPAs, the ninth largest certified public accounting firm in New England. By 2016, she had been named chairwoman of the Massachusetts Society of CPAs, the state’s premier professional association consisting of more than 12,000 accountants. McCall has always been an avid supporter […]

2018 Year-End Tax Planning for Privately-Held Companies (Part 2) Webinar OnDemand
OnDemand Webinar - 2018 Year-End Tax Planning for Privately-Held Companies (Part 2)

2018 Year-End Tax Planning for Privately-Held Companies (Part 2) Webinar OnDemand

In 2018, tax planning is more complicated than usual. Most provisions of the massive Tax Cuts and Jobs Act (TCJA) go into effect this year, and as a result you likely will need to change at least some of your tax planning strategies. In this Webinar, recorded live on October 23rd, 2018, AAFCPAs Richard Weiner, CPA, […]

AAFCPAs & MENTOR’s Partnership in Charting a Sustainable Future
AAFCPAs & MENTOR's Partnership in Charting a Sustainable Future

AAFCPAs & MENTOR’s Partnership in Charting a Sustainable Future

How Did One Nonprofit Explore Creative Approaches to a Sustainable Model? For nonprofits, charting the future is complex. The search for creative, strategic approaches to sustainability is continuous, and many organizations have struggled to achieve long term, mission-aligned profitability. In its work with MENTOR: The National Mentoring Partnership, AAFCPAs evaluated the organization’s financial and operational […]