Olga Yasinnik

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FASB Approves New Guidance on Certain Crypto Assets

FASB Approves New Guidance on Certain Crypto Assets

AAFCPAs would like to make clients aware that in December 2023, the Financial Accounting Standards Board (FASB) issued Accounting Standard Update (ASU) 2023-08, Intangibles – Goodwill and Other – Crypto Assets (Subtopic 350-60): Accounting for and Disclosure of Crypto Assets. Note: the amendments in ASU 2023-08 require that an entity measure “in-scope” crypto assets (as […]

Accounting Standards Update: Leases, CECL

Accounting Standards Update: Leases, CECL

During AAFCPAs’ recent Nonprofit Seminar (April 2023), assurance leaders Olga Yasinnik, CPA, MBA, and Angelina Lu, MSA, CPA updated more than 400 attendees on new accounting standards applicable to nonprofits.  The full session was recorded and may be viewed as a webcast at your convenience. >>  The Lease Standard  Olga and Angelina opened with an […]

Accounting Standards Update 2023

Accounting Standards Update 2023

In this webcast, recorded April 2023 at AAFCPAs’ Nonprofit Educational Seminar, AAFCPAs’ nonprofit assurance leaders are back again with our fast-paced accounting standards update. This year, we discuss the Lease standard and what to think about now in year two of adoption (such as lease renewals, accounting changes, and schedules). We also dig into what […]

AAFCPAs Announces New Director Promotions

AAFCPAs Announces New Director Promotions

AAFCPAs, a best-in-class CPA and consulting firm known for tax, assurance, accounting, wealth management, business process, and IT advisory solutions, today announced employee promotions to Director: Aaron Diamond, CPA Promoted to Director, Assurance Aaron has been promoted to Director in AAFCPAs’ Assurance practice. He has extensive experience leading high-energy assurance teams, and in providing advice […]

Accounting Standards Update

Accounting Standards Update

In this webcast, recorded April 2022 at AAFCPAs’ Nonprofit Educational Seminar, AAFCPAs’ Nonprofit Audit Leaders Matt Hutt, CPA, CGMA, Katie Belanger, CPA, and Olga Yasinnik, CPA, MBA provide key considerations and best practice recommendations related to new accounting standards implementations, including an expanded focus on the Lease standard. Download the full slides from AAFCPAs’ Nonprofit Seminar >>

AAFCPAs to Present FEI-Boston’s 2022 Ethics Symposium

AAFCPAs to Present FEI-Boston’s 2022 Ethics Symposium

4 Ethics CPE Credits: Building Ethical Management and Culture in Challenging Times May 20, 2022 | 7:30 AM – 12:00 PM Eastern Time | Bentley University, Waltham, MA Last Day to Register: Wednesday, May 18th AAFCPAs’ Jeffrey Mead, CPA, CGMA and Olga Yasinnik, MBA, CPA will again lead FEI-Boston’s annual 4-hour Ethics Symposium, May 20th, with a focus this […]

AAFCPAs’ Lease Task Force Advises: Do Not Delay!

AAFCPAs’ Lease Task Force Advises: Do Not Delay!

In 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2016-02, Leases (Topic 842) to increase transparency and comparability of lease transactions. Implementing FASB’s lease accounting standard will require businesses to invest considerable time and resources in gathering the information required for reporting. AAFCPAs advises clients to not delay! Lease Implementation Resources: […]

Live Session: Lease Standard Implementation, April 27

Live Session: Lease Standard Implementation, April 27

AAFCPAs’ Annual Nonprofit Educational Seminar is Virtual Again in 2022! As a client and/or friend of AAFCPAs, your registration is complimentary. Reserve your seat.>> 9:00 am – 9:50am | Accounting Standards Update We are excited to announce the return of our highly anticipated Accounting Standards Update, featuring Matthew Hutt, CPA, CGMA, Katie Belanger, CPA, and […]

Guidance on New Lease Accounting Standard

Guidance on New Lease Accounting Standard

In 2016, FASB issued Accounting Standards Update (ASU) 2016-02, Leases (Topic 842) to increase transparency and comparability of lease transactions.   AAFCPAs has summarized some of the most significant changes resulting from the new ASU for your convenience: AAFCPAs has provided a detailed Whitepaper providing guidance on the FASB’s new Lease standard so clients may proactively […]