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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 complex and time consuming tasks, such as: HR-related activities; maintaining compliance; optimizing revenue; mergers &... continue reading

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 to internal and external stakeholders with credibility. Companies are under increasing pressure to manage cybersecurity... continue reading

AAFCPAs Enhances Consulting Expertise in Cybersecurity, IT Systems, Business Process, and Performance Controls

AAFCPAs Enhances Consulting Expertise in Cybersecurity, IT Systems, Business Process, and Performance Controls

Due to growth in client demand, AAFCPAs expands its Business Process & IT Advisory Practice with the addition of two deeply experienced Managers: Dawn Pantano, CPA, CITP, and Mr. Anderson, MCSE, CCNP, CISSP. Dawn and Mr. Anderson are highly regarded for their expertise in IT security, business continuity, and selecting and deploying key business applications and technologies to meet corporate objectives, and drive productivity. These valuable additions present AAFCPAs’ clients... continue reading

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 to recent gains. It is an exciting environment, but one that presents unique challenges for... continue reading

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 A High-Functioning CFO.” The report, conducted in collaboration with The Boston Chapter of Financial Executives... continue reading

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 that Microsoft had provided but thousands of systems around the world had not yet installed... continue reading

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 about 209,000 people were exposed, as was “personal identifying information” on roughly 182,000 customers involved... continue reading

Podcast: The Sophisticated CFOs Guide to Choosing Key Performance Indicators That Matter & Dashboarding

Listen to Podcast Click here to listen to podcast or use the above media player. A critical component of nonprofit effectiveness is the organization’s ability to identify and track meaningful “leading indicators” that serve as mile markers to tell you if you are headed in the right direction—a course charted by your strategic plan. AAFCPAs provides guidance for nonprofits on the leading, predictive metrics that may have a significant impact... continue reading

Best Practices for Complying with HIPAA & Safeguarding Patient PHI Accessible to Your Business Associates

Healthcare is predicted to be the most targeted industry for cyberattacks in 2017, according to the 2017 Data Breach Industry Forecast from Experian.   “Electronic health records remain likely to be a top target for hackers,” Experian found. To further heighten & complicate these risks, providers’ responsibilities for protecting personal health information (PHI) under the Health Insurance Portability and Accountability Act (HIPAA) extend to certain vendors, referred to as “business... continue reading