Destiny Flood
Cash Management Strategies for Life Sciences Companies
Cash drives every strategic decision in the life sciences and medical device field. Whether investing in research and development spending, advancing a therapy through clinical trials, acquiring lab equipment, or managing global vendor relationships, liquidity determines pace and flexibility. Timelines can be long. Outcomes can hinge on regulatory approvals, trial results, or market conditions beyond […]
What Life Sciences Companies Can Do When Funding Slows
In this article: In biotech and life sciences sectors, capital is the engine that powers discovery, development, and scale. But cycles shift. Deals take longer. Investors ask more. And in the quiet between funding rounds, companies face a familiar question: how to move forward when the momentum stalls. This is not a new challenge but […]
AAFCPAs Among Leaders Driving CAS Innovation at Accounting Today Summit
Boston, MA (August 08, 2025)—AAFCPAs, a preeminent 350+ employee CPA and consulting firm specializing in tax, assurance, accounting, wealth management, business process and IT advisory solutions, is pleased to announce that Partner Destiny Flood will serve as a featured speaker at Accounting Today’s CAS Virtual Summit, a national event focused on the future of Client […]
Flood Shared Leadership Insights at San Diego Firm Growth Forum – May 21, 2025
AAFCPAs’ Destiny J. Flood, CPA, Commercial Partner, Outsourced Accounting & Fractional CFO joined a panel discussion on the evolving role of CPA firm partners at Accounting Today’s Firm Growth Forum. This session, Next-Gen Perspectives: Insights from Newly Minted Partners, highlighted the journeys of new partners, their motivations for leadership, and how they are shaping the […]
Flood Nominated for CPA Experienced Leader, 2025 CalCPA Women to Watch Awards
AAFCPAs is pleased to announce that Destiny J. Flood, CPA, Commercial Partner, Outsourced Accounting & Fractional CFO has been nominated for CPA Experienced Leader at the 2025 CalCPA Women to Watch Awards presented at the 2025 Elevate: Women’s Leadership Forum. This recognition highlights her exceptional leadership, dedication to the profession, and contributions to the success […]
Tax and Accounting Implications in Buy-Side Business Transactions
Understanding the myriad tax implications of a buy-side business acquisition is essential to achieving a successful outcome. The way you structure the deal and approach due diligence can influence your financial results and help to avoid costly pitfalls. With the right strategies, you can identify opportunities to maximize tax benefits and streamline the integration process. […]
Managing Cash Flow and Expenses in Life Sciences
In this article: Managing cash flow presents ongoing challenges for those in the life sciences, particularly those navigating pre-clinical research and early clinical stages. With significant resources devoted to research and development (R&D), precise cash tracking across R&D and general and administrative (G&A) categories is essential for sustaining growth and demonstrating financial responsibility. Distinguishing between […]
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 […]
Helping Clients Get Audit-Ready: How Advisory Team Supports Auditors
AAFCPAs’ Outsourced Accounting & Fractional CFO Practice Helps Make Audits Smoother and More Efficient As year-end approaches, many finance teams and their external auditors navigate the season’s challenges with a shared goal: ensuring financials are audit ready. Disorganized records, such as missing invoices and agreements, or unreconciled general ledgers can add unnecessary complexity to this […]