Common Social Engineering Cyber Attacks and Prevention Strategies
What Is Social Engineering & What Are the Risks? The human component of cybersecurity is the weakest link in protecting your organization against external threats. Recently, social engineering attacks have become the most prevalent type of threat within reported cyber breaches. Social engineering is a malicious activity in which bad actors produce items such as […]
Donor Advised Funds: Compelling Talking Points for Fundraisers
Listen to Podcasts: The giving vehicle used more and more often by major gift donors is the donor-advised fund (DAF). AAFCPAs Wealth Management advises our nonprofit clients to become familiar and able to articulate the various types and uses of DAFs. AAFCPAs’ Wealth Advisor Jonathan Bloom outlines the key points pertinent to DAFs becoming more mainstream since the Tax Cuts […]
Update Debt Disclosures in Compliance with GASB-88
AAFCPAs would like to remind clients and friends that, in April 2018 the Government Accounting Standards Board (GASB) issued Statement No. 88, Certain Disclosures Related to Debt, including Direct Borrowings and Direct Placements. This standard is applicable for entities following governmental accounting standards, including AAFCPAs’ Charter School clients in Massachusetts and New Jersey, as well […]
5 Tips for an Accurate Financial Statement in a Divorce
The decision to divorce is never an easy one, and perhaps one of the most painful life events there is. Separation of finances can be one of the more contentious aspects. AAFCPAs provides the following guidance regarding the development of your divorce financial statement, which is a crucial component of divorce processes where financial relief […]
AAFCPAs Announces Client Recipient of Our Drawing to Attend the BBJ CFO of the Year luncheon!
Congratulations to AAFCPAs’ client: Eric Chatman, CFO at Housing Partnership Network. Eric is the lucky winner of our random drawing for a complimentary ticket to attend the Boston Business Journal’s CFO of the Year Awards luncheon program! AAFCPAs is a proud SPONSOR for the 11th Annual BBJ CFO of the Year Awards, and Eric is […]
Regulatory Update: Accounting Standards 2019
AAFCPAs’ Nonprofit Audit Leaders Matt Hutt, Katie Belanger, and Olga Yasinnik provide key considerations and best practice recommendations related to the implementation of new accounting standards, including: Presentation of Financial Statements of Not-for-Profit Entities (ASU 2016-14, Topic 958): Revenue from Contracts with Customers (ASU 2014-09, Topic 606), and Clarifying the Scope and the Accounting […]
AAFCPAs Partners Bond with Wheelchair Build for Charity
AAFCPAs’ 30 Partners built wheelchairs as part of a fun, meaningful, and impactful team event at a recent off-site Partner Summit. Partners used teamwork skills and iPad activities to earn the materials necessary to assemble, test and decorate these new wheelchairs for donation. Wheelchairs were donated to AAFCPAs’ client WCI – Work, Community, Independence in […]
AAFCPAs Presents Tax Strategies Post-TCJA at Vistage CEO Group
AAFCPAs’ tax strategists Dave McManus, CPA, CGMA and Joshua England, JD, LLM presented a tax strategizing session on June 17th, for the benefit of the regional Vistage group of CEOs. Dave and Josh shared the firm’s strategic tax insights with a distinguished group of executives, business leaders and CEOs on opportunities and challenges presented by […]
AAFCPAs’ 340B Basics: Program Compliance Webinar OnDemand
AAFCPAs’ Matt Hutt, CPA, CGMA and Courtney McFarland, CPA, MSA, in collaboration with the Massachusetts League of Community Health Centers (The League), will present coveted guidance on 340B Basics and Program Compliance for Massachusetts community health centers in this live webinar.