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.
Budgeting Add-Ons Create Efficiency and Ease
Today’s more robust Accounting and ERP Systems typically have budgeting functionality built into the platform. For many complex organizations, however, they may still not quite meet your current budgeting and reporting requirements. How do you know you need a budgeting add-on? While most systems will allow for the import of a completed budget and allow […]
AAFCPAs Announces Beneficiary of $250 Donation Designated by CFO Survey Participant
Participants in AAFCPAs’ recent CFO Survey entered to win a $250 donation to their nonprofit charity of choice, and we are pleased to announce Jennifer Schanck-Bolwell as the winner of our random drawing! Jennifer designated Worcester Community Housing Resources (WCHR) as the nonprofit beneficiary. AAFCPAs would like to express gratitude for all 200+ chief finance […]
Pay for Success: a funding model with data at its core
There is at long last solid momentum gathering behind the pay-for-success (PFS) model of funding socially oriented projects and services: a shift in approach that emphasizes outcomes rather than activities. Through PFS contracts, the ecosystem of investors, government, and service providers is working together to create new opportunities and meet more impactful social goals. PFS […]
Panel Discussion: Understanding the Pay for Success Movement, and Social Impact Bonds
In this webcast, recorded April 2021 at AAFCPAs’ Nonprofit Educational Seminar, a panel of leaders in the Pay for Success (PFS) movement discuss what we should know about how it works and what is needed to make the performance-driven social sector a successful reality. This panel discussion, moderated by AAFCPAs’ Partners Tom Washburn and Katie […]
AAFCPAs’ Raises $1350 for Mental Health at Summer Outing
AAFCPAs recently enjoyed the opportunity to again connect in person with colleagues at our annual staff outing at Kimball Farm. It was so gratifying to be together again, and to hug and laugh after this crazy year+ we’ve had. Our outing includes an annual fundraiser activity to support nonprofits that make our world a better […]
Treasury, IRS provide gross receipts safe harbor for employers claiming the Employee Retention Credit
AAFCPAs would like to make clients aware that the Treasury and the IRS recently issued a safe harbor allowing employers to exclude certain items from their gross receipts solely for determining eligibility for the Employee Retention Credit (ERC). These amounts are: The amount of the forgiveness of a Paycheck Protection Program (PPP) Loan; Shuttered Venue […]
AAFCPAs’ 2021 CFO Survey Finds Data Management Is Catalyst for Change
CFOs seek better inputs, predictability, and the talent to translate data Boston, MA (August 10, 2021) – AAFCPAs, a best-in-class CPA and consulting firm known for assurance, tax, accounting, wealth management, valuation, business process, and IT advisory solutions, today released its 2021 CFO Survey Report. The survey found that across the board, CFOs are prioritizing […]
Community Health Centers Are a Beacon of Strength
This year for National Health Center Week (August 8 – 14), AAFCPAs shines a light on those front-line providers and support staff who, throughout this pandemic, continue to find innovative ways to address community need and overcome financial vulnerability. They have been instrumental in connecting high-risk and vulnerable individuals to care and needed services and […]
Treasury, IRS Provide Additional Guidance on Employee Retention Credit, Including for the Third and Fourth Quarters of 2021
AAFCPAs would like to make clients aware that the Treasury Department and the Internal Revenue Service issued further guidance on the employee retention credit, including guidance for employers who pay qualified wages after June 30, 2021, and before January 1, 2022, and additional guidance on miscellaneous issues that apply to the employee retention credit in […]