Amy Staunton
How Close Automation Tools Support Smarter Nonprofit Operations
The nonprofit month-end close has become an exercise in endurance—manual checklists, spreadsheet reconciliations, and long hours spent assembling reports under deadlines. For lean finance teams, the process is not only inefficient but difficult to sustain. Close automation platforms help reduce that burden by bringing structure, consistency, and transparency to the process. These tools organize workpapers, […]
Is Your Tech Stack Built for Real-Time Decision Making?
Finance leaders face increasing pressure to produce faster, accurate reports and maintain strong internal controls—all while managing lean teams and limited resources. Technology should help ease this burden. However, when systems are disconnected, it often creates more work. Teams spend more time managing data across platforms than leveraging it for decision-making. Reconciliations get delayed. Reports […]
Seminar Recap: Embracing Continuous Close for Real-Time Financial Insights
During AAFCPAs’ recent Nonprofit Seminar (April 2025), Joyce Ripianzi, CPA, Amy Staunton, CPA, and Lauren M. Duplin, CPA of AAFCPAs’ Outsourced Accounting & Fractional CFO practice presented to more than 550 attendees practical guidance on how nonprofit finance teams may adopt a continuous close model to improve accuracy, timeliness, and efficiency. Many nonprofits are already […]
Mitigate AP Risks by Strengthening Internal Controls
In this article: Accounts Payable (AP) fraud continues to evolve with phishing schemes, fraudulent billing, and payment tampering among the most common attempts used to misappropriate company funds. The 2024 Report to the Nations on Occupational Fraud published by the Association of Certified Fraud Examiners (ACFE) reveals median losses of $155,000 from check and payment […]
MA Nonprofit Annual Report Due by Nov 1
AAFCPAs reminds clients that every nonprofit corporation organized under the laws of the Commonwealth of Massachusetts must file a nonprofit annual report with the Corporations Division on or before November 1st of each year. Failure to file can lead to a loss of good standing as a corporation in Massachusetts. Learn more here: https://www.sec.state.ma.us/cor/corpweb/cornp/npfrm.htm
Seminar Recap: Accounting Standards Updates for Nonprofits 2024
During AAFCPAs’ recent Nonprofit Seminar (recorded live, April 2024), Matthew Hutt, CPA, CGMA, Amy Staunton, CPA, and Jennifer A. L’Heureux, CPA briefed approximately 400 attendees on the latest applicable accounting standards updates (ASUs) and how they affect nonprofit organizations. What we covered: The full session was recorded and may be viewed as a webcast at […]
Accounting Standards Update 2024
Accounting Standards Update | Webinar OnDemand Watch as AAFCPAs’ nonprofit assurance leaders offer insights on the lease standard along with key considerations as we enter year two of adoption. Gain understanding on lease renewals, accounting changes, and schedules. Delve into the Current Expected Credit Losses (CECL) standard effective in CY 2023 and FY 2024 and […]
2024 Promotions Announced at AAFCPAs
Boston, MA (April 8, 2024)—AAFCPAs, a preeminent 325+ employee CPA and consulting firm specializing in tax, assurance, accounting, wealth management, business process and IT advisory solutions, is pleased to announce recent promotions to director, manager, and experienced professional. New Directors and Managers Amy Staunton, CPA. Now Director & Consulting CFO in AAFCPAs’ Outsourced Accounting & […]
2023 Promotions Announced at AAFCPAs
Boston, MA (September 27, 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 the promotions of new directors, managers, and rising professionals. Promotions recognize the exceptional accomplishments and achievements of each along with a steadfast dedication […]