Industry
AAFCPAs’ Business Process & IT Advisory Practice to Present Cyber Security Session at National Housing Partnership Network Meeting
Vassilis Kontoglis, manager in AAFCPAs’ Business Process & IT Advisory practice, will present an educational workshop on Cyber Security at the Housing Partnership Network’s (HPN) 2018 Spring Membership Meeting in Minneapolis, MN scheduled for June 6th – 8th. The Housing Partnership Network is a valued client of AAFCPAs. They are a collaborative network of 100 top-performing, high-capacity nonprofit housing […]
AAFCPAs to Lead Medicaid Cost Report Training Providing Critical Guidance for June Filing
AAFCPAs’ Matt Hutt, CPA, CGMA and Courtney McFarland, CPA, MSA, in collaboration with the Massachusetts League of Community Health Centers (The League), will present this timely Medicaid Cost Report Training sessions for MA community health centers. Matt and Courtney will be joined by AAFCPAs’ client Mel Benson, CFO of Brockton Neighborhood Health Center. As a reminder, all CHCs, regardless […]
The Impact of Revenue Recognition on Healthcare
Revenue Recognition: ASU 2014-09, Revenue from Contracts with Customers (Topic 606), is effective for public business entities, and certain not-for-profit entities that have publicly traded conduit (or direct) debt, with annual reporting periods beginning after December 15, 2017. All other entities are required to adopt this by annual reporting periods beginning after December 15, 2018. […]
AAFCPAs Presents Workshop On Nonprofit Financial Statement Framework for Worcester Community Foundation
AAFCPAs’ Amanda Pelcher, CPA, is happy to provide insight to the Greater Worcester Community Foundation’s network of nonprofits during a workshop she will give on Understanding the New Nonprofit Financial Statement Presentation Standards, on May 23rd, 2018 in Worcester, MA. Understanding and implementing accounting standards can be complex, time-consuming, and often requires requisite skills and […]
AAFCPAs Best Practice Recommendations for Complying with DESE, and Managing Board and Management Conflicts of Interests
The Massachusetts Department of Elementary and Secondary Education (DESE) Office of Charter Schools’ Charter School Audit Guide (the Guide) includes compliance requirements relating to the review and assessment of related party disclosures. Now that DESE has moved to an online management system for the collection of conflict of interest forms from members of a School’s […]
2017 Community Health Center Cost Reports Due June 26, Regardless of Fiscal Year End
AAFCPAs would like to make clients aware that the Center for Health Information and Analysis (CHIA) has just announced it is now collecting cost reports for the fiscal year ending in 2017 from all Community Health Centers (CHCs). All CHCs, regardless of Fiscal Year End date, are required to file their fiscal year 2017 cost […]
AAFCPAs to Lead Three Educational Sessions at HFMA Conference Sharing Our Expertise with CHCs
AAFCPAs has been asked to share the firm’s expertise by presenting educational workshops on three important topics at the Healthcare Financial Management Association’s (HFMA) Inaugural Federally Qualified Health Center (FQHC) Conference on May 3rd, 2018 in Manchester, New Hampshire. AAFCPAs is an ideal fit to contribute our knowledge base at this must-attend conference for finance […]
Liquidity 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. ASU 2016-14 affects nonprofit organizations in all industries (i.e. healthcare, affordable housing, social services, foundations and education) and is effective […]
AAFCPAs’ Charlie Webb Earns Certified Healthcare Financial Professional (CHFP) Credential
AAFCPAs is pleased to announce that Partner Charlie Webb, CPA, CHFP, has been awarded the CHFP Certification by the Healthcare Financial Management Association (HFMA). Charlie was awarded the CHFP credential in recognition of having earned a deep understanding of the new financial realities of health care, and his passing of HFMA’s rigorous Operational Excellence exam. […]