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Five Internal Control Modifications Needed in Response to the ‘New Normal’

Some organizations’ internal control frameworks and operational processes did not skip a beat when faced with the disruptions caused by COVID-19. Especially those who had already implemented cloud-based systems and remote-enabled processes. Others were forced to “change the tire while driving.” During this pandemic, organizations have been challenged by processes executed with fewer people and […]

Continuous Improvement of the Finance Function: Accept the Things You Cannot Change… But Change the Things You Can!

Listen to Podcasts:   The most thriving nonprofits are those that have a continuous improvement culture. Continuous improvement ensures systems and processes scale with growth; systems integration and integrity is maintained or improved; highly-manual processes and lengthy/overburdened close cycles are eliminated; and meaningful data is available on-demand for decision-making. In this informative session, members of […]

People, Processes and Technology, the Three-Legged Stool: AAFCPAs to Lead MNN Educational Workshop

AAFCPAs’ Partner Janice O’Reilly, CPA, CGMA and Manager Dawn Pantano, CPA, CITP will present a timely, educational workshop at the Massachusetts Nonprofit Network’s 2018 Annual Conference in Framingham, MA on October 10th on the topic of right-sizing the modern finance function. Nonprofit finance departments are often juggling the day-to-day accounting and bookkeeping responsibilities alongside more […]

AAFCPAs Earns SOC for Cybersecurity Services Certificate

AAFCPAs Earns SOC for Cybersecurity Services Certificate

AAFCPAs’ Partners James Jumes, MBA, M.Ed. and Robin Kelley, CPA, CITP, CGMA, CSPM, CCSFP have earned the System and Organization Controls (SOC) for Cybersecurity Certificate issued by The Association of International Certified Professional Accountants (AICPA). SOC for Cybersecurity is a new entity-wide cybersecurity audit that allows organizations to voluntarily report on their cybersecurity management programs […]

People, Processes, and Systems Will Lead CFOs to a Right-Sized Finance Department

A strong economy brings a breadth of opportunities for growing businesses, and there is no doubt that Boston has been enjoying an upward trajectory for some time.  Indeed, the labor market in our region has far outpaced the country’s average year over year employment growth, and is among the top metropolitan areas when it comes […]

Survey Shows CFOs Combat Talent and Data Challenges with Strategic Tech Investments

Survey Shows CFOs Combat Talent and Data Challenges with Strategic Tech Investments

CPA Practice Advisor | One third of CFOs surveyed report human resource (talent) limitations and team bandwidth as the primary challenge in meeting the expectations of their CEO, according to a recent survey of financial executives by AAFCPAs. There is high demand for technical financial expertise, and that demand is only going to increase.

Behind Every Thriving Organization is a High-Functioning CFO

Behind Every Thriving Organization is a High-Functioning CFO

AAFCPAs’ inaugural report uncovers key issues for CFOs Boston, Mass. (October 30, 2017) – AAFCPAs, a best-in-class CPA and consulting firm known for assurance, tax, accounting, wealth management, valuation, and business & IT advisory solutions, today announced the results of its inaugural CFO survey. The results are captured in AAFCPAs’ report, “Behind Every Thriving Organization is […]

Installing Patches Immediately Helps Protect Your Organization from Cyber Vulnerabilities

Cyber criminals often exploit known or not yet known vulnerabilities of the Operating System and/or other critical systems, such as a web server or a database, in order to penetrate your network/systems. In the recent WannaCry attack, hackers exploited the Microsoft Windows Server Message Block protocol and encrypted data demanding ransomware. There was a patch […]

AAFCPAs Guidance in Response to Equifax Data Breach

As you may be aware, Equifax, one of the United States’ three major consumer credit reporting agencies has been breached, and personal information of approximately 143 million Americans has been compromised. Information, including: names, social security numbers, birth dates, addresses and driver’s licenses, stored in Equifax’s databases have been stolen. Additionally, credit card numbers for […]