AI Risks: Establishing Workplace Guidelines
AI is rapidly changing the way we work, with AI-powered tools now in use by employees and contractors to manage tasks, retrieve data, brainstorm, and identify fraud. They have been adopted by HR to recruit and screen talent, by sales to provide customer support, by finance to analyze volumes of data and forecast future performance, […]
Courtney McFarland Selected for MassCPAs’ Women to Watch Award
Boston, MA (October 9, 2023)—AAFCPAs, a preeminent 300+ employee CPA and consulting firm specializing in tax, assurance, accounting, wealth management, business process and IT advisory solutions, is pleased to announce that Courtney McFarland, CPA, MSA, 340B ACE, Partner has been selected as recipient of the 15th Annual MassCPAs Women to Watch Award in the Experienced […]
October Designated National Cybersecurity Awareness Month
October kicks off National Cybersecurity Awareness Month (NCSAM), which is dedicated to raising public awareness on the importance of cybersecurity. Launched in 2004 by the U.S. federal government, NCSAM aims to encourage businesses and individuals to investigate potential risk along with strategies to improve the security of critical infrastructure. Where To Start The threat landscape […]
CECL Standard’s Significant Impact on Financing and Trade Accounts Receivable
AAFCPAs Provides Business Guidance on FASB’S New CECL Model Guidance May Have a Significant Financial Reporting Impact on Financing and Trade Accounts Receivable The long-awaited Current Expected Credit Losses (CECL) Standard, Accounting Standards Update 2016-13 – Financial Instruments-Credit Losses (Topic 326) will be effective for nonpublic business entities and not-for-profit entities for fiscal years beginning after […]
From the Desk of Carmen Grinkis – October 2023
Clients often come to us because of some kind of transition or challenge. They may be heading into retirement, navigating a divorce, or coping with the loss of a loved one. In all these cases, there is so much more to consider than how investments are performing. Especially as we age, we find ourselves building […]
From the Desk of Jonathan Bloom – October 2023
On the Desk This time of year, we have an opportunity to step back and understand how things are progressing with your financial plan. Between interest rates, inflation, market volatility, and year end on approach, there is plenty to consider and still time to make strategic adjustments. It brings to mind one of my favorite […]
Colorado and Minnesota Impose Retail Delivery Fee
AAFCPAs’ State & Local Tax (SALT) practice would like to make clients aware that the state of Colorado and Minnesota have enacted a retail delivery fee. Colorado Updates Rule The state of Colorado originally imposed a fee of $0.27 on all retail sales delivered by motor vehicle to Colorado customers effective July 2, 2022. This […]
AAFCPAs Cultural Spotlight Potluck
We’ve had such great feedback on our Cultural Spotlight Lunch & Learns that we thought a Cultural Spotlight Potluck would be a great opportunity to share and learn a bit more about each other! Last Tuesday, AAFCPAs held our potluck event where team members brought different food and/or drinks to celebrate and enjoy each other’s company.
FQHCs Prepare for National Cybersecurity Awareness Month
FQHCs are faced with an ever-shifting cybersecurity landscape due to emerging technologies and shifting internal and cloud vulnerabilities. Adding to this are regulations designed to keep pace as well as the data (health and personally identifiable) that live through their systems. The U.S. federal government has designated October as National Cybersecurity Awareness Month (NCSAM). AAFCPAs […]