FEI-Boston Annual Accounting & Auditing Update Professional Development Session
AAFCPAs Partner, Jeffrey Mead, CPA, will lead Finance Executives International (FEI)-Boston’s Annual Accounting & Auditing Update. FEI’s Boston Chapter is one of the largest chapters of the premier professional association for senior and mid-level corporate financial managers. This annual professional development session is typically well attended by the elite finance professionals of Boston. Jeff will […]
FASB Votes to Propose a Deferral to the Effective Date for Revenue Recognition Standard by One Year
AAFCPAs would like to inform you of an update from today’s FASB Board Meeting (April 1, 2015), in which they voted to propose a one-year deferral of the effective date of Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers (Topic 606) (“the new revenue standard”). Following a member comment period (30-days), we anticipate […]
AAFCPAs Announces March 2015 Staff Promotions
Please join AAFCPAs in congratulating the following professionals on their promotions effective March 29, 2015. Brendan Lawrence, Nikki Scott, Emily Donnelly, and Patrick McIntyre have been promoted to Senior. Taylor Ezold has been promoted to Semi-Senior. AAF invests in the professional development of all team members, and professionals can experience growth and advancement as fast as […]
AAFCPAs Tax Manager, Julie Chevalier, CPA to Serve as Board Member and Treasurer of TechSandBox
AAFCPAs is excited to announce that Julie Chevalier, CPA has accepted a nomination and agrees to serve as a Board Member and Treasurer of TechSandBox™, a technology innovation center, accelerator and incubator for MetroWest, Massachusetts. The two organizations have a long history of working closely together as AAFCPA fully supports the mission of TechSandBox. Julie […]
CHC Cost Reports Due April 1st and iNet is Now Fully Functional
As a reminder, the Center for Health Information and Analysis (CHIA) has recently taken charge of the iNet data reporting system. This system is used to file Community Health Center (CHC) Medicaid cost reports, and review payment and expenditure data on transactions with the Commonwealth of Massachusetts. The June 30, 2014 CHC cost reports were […]
AAFCPAs Medicare FQHC PPS Training
Are you on target to implement the new Medicare Prospective Payment System? AAFCPAs, in collaboration with the Massachusetts League of Community Health Centers, will present Medicare FQHC PPS Training on March 26, 2015 from 9:00 a.m. to 12:30 p.m. at the DoubleTree by Hilton Boston – Westborough, MA. The Patient Protection and Affordable Care Act […]
UFR Reporting Guidance for Child Care Contractors With EEC Infant/Toddler Contracts
As a reminder, effective July 1, 2014, the Massachusetts Department of Early Education and Care (EEC) unblended the Infant/Toddler contract rates. In recent guidance issued by the EEC, the previously combined programs must now be reported separately on the Uniform Financial Report (UFR). For example, child care contractors who receive EEC funding and have a […]
New York State Nonprofit Revitalization Act – Guidelines to Compliance
Reminder: Review Fiscal Policies and Audit Procedures AAFCPAs strongly recommends that nonprofits registered to conduct charitable solicitations in New York State review and revisit their by-laws and policies to ensure compliance with the New York State Nonprofit Revitalization Act of 2013 (The “Act”). The Act, effective July 1, 2014, included sweeping reform legislation which reduces […]
Understand Employee Stock Option Issues
Live Webinar: Employee Stock Options: Tackling Complex Tax, Accounting and Valuation Challenges Jeffrey Mead, CPA, Partner at AAFCPAs, in collaboration with Strafford Publications, Inc., will present Employee Stock Options: Tackling Complex Tax, Accounting and Valuation Challenges. This lively webinar will provide corporate tax professionals with a detailed review of the IRS rules and financial accounting […]