Matthew Hutt
Expense Reporting Considerations for Nonprofits Implementing the New Financial Statement Presentation Framework
AAFCPAs advises nonprofits in assessing the impact of the new Accounting Standards Update (ASU) No. 2016-14, Not-for-Profit Entities (Topic 958): Presentation of Financial Statements of Not-for-Profit Entities, and we provide guidance throughout the transition process. The new financial statement framework affects nonprofit organizations in all industries (i.e. healthcare, affordable housing, social services, foundations, and education) […]
Educational Podcast: 2018 Accounting Standards Update
Listen to PodcastClick here to listen to podcast or use the above media player. AAFCPAs Nonprofit Assurance Practice leader Matt Hutt, CPA, CGMA, Partner and Amanda Pelcher, CPA, provide attendees with specific implementation guidance for new major standards, including: Matt and Amanda provide operational insights and best practice recommendations on these complex technical accounting areas, allowing clients to […]
OMB Clarifies Applicability Date for Micro-Purchase and Simplified Acquisition Thresholds Increase
The Uniform Guidance (UG) was issued in 2013 by the U.S. Office of Management and Budget (OMB) and effective on December 26, 2014 for all nonprofit entities. OMB granted a grace period of three full fiscal years for the implementation of the UG procurement standard. Nonprofit entities with a June 30th fiscal year end must […]
FASB Issues Revenue and Expense Recognition Standard for Nonprofit Grants and Contributions
On June 21, 2018, the Financial Accounting Standards Board (FASB) issued an Accounting Standards Update (ASU) 2018-08, Not-for-Profit Entities (Topic 958): Clarifying the Scope and the Accounting Guidance for Contributions Received and Contribution Made intended to address the diversity in practice among not-for-profit organizations for grant and contribution accounting. ASU 2018-08 applies primarily to nonprofits, […]
Merger talks with Partners go on after Harvard Pilgrim CEO's abrupt departure
Boston Business Journal | CEOs traditionally play important roles in the merger discussions involving other health care systems throughout the state. But experts say whether Schultz’ departure hurts or helps a merger depends on his role in the conversations up to this point. “If the former CEO Eric Schultz was a driving force, this could […]
AAFCPAs Healthcare eBook: Strategic Guidance for Healthcare Executives
Running a healthcare operation was complex even before recent activity shook the industry into a near-constant state of flux. Whether considering the shifting relationship between payers and providers, increased cyber-security threats, outcomes-based models, or any of the seemingly countless concerns, the need for organizations to stay one step ahead of change has never been so […]
AAFCPAs Nonprofit Revenue Recognition Guidance Webinar Available OnDemand
AAFCPAs’ Matt Hutt, CPA, CGMA, Courtney McFarland, CPA, MSA and Emily Donnelly, CPA provide nonprofit finance executives with an understanding of how the new standards could impact revenue recognition and company policies, and what they should be doing now to prepare for adoption. This webinar was presented and recorded live, May 23rd, 2018 in AAFCPAs’ recording studio in […]
AAFCPAs Leads 340B Primer at Mass League CFO Forum
AAFCPAs’ Matt Hutt, CPA, CGMA and Courtney McFarland, CPA, MSA, in collaboration with the Massachusetts League of Community Health Centers (The League), will present an educational 340B Compliance Primer on June 6th, 2018 from 11am – 12:30pm as part of The League’s CFO Forum at the Mass League Training & Learning Center, Worcester, MA. This educational primer will: Provide […]
Medicaid Cost Report Webinar OnDemand; 340B Primer June 6th
Medicaid Cost Report Webinar OnDemand AAFCPAs’ Healthcare Practice leaders Matt Hutt, CPA, CGMA, and Courtney McFarland, CPA, MSA, in collaboration with the Massachusetts League of Community Health Centers (The League), presented a timely Medicaid Cost Report Training session for MA community health centers on May 31st 2018. This webinar is now available OnDemand so you may benefit from our knowledge & […]