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AAFCPAs Among Leaders Driving CAS Innovation at Accounting Today Summit
Boston, MA (August 08, 2025)—AAFCPAs, a preeminent 350+ employee CPA and consulting firm specializing in tax, assurance, accounting, wealth management, business process and IT advisory solutions, is pleased to announce that Partner Destiny Flood will serve as a featured speaker at Accounting Today’s CAS Virtual Summit, a national event focused on the future of Client […]
Megabill Provisions Raise Tax Exposure for Multinationals
The One Big Beautiful Bill Act (OBBBA), enacted in July 2025, introduces broad changes to international tax rules. These adjustments will affect U.S. corporations with foreign subsidiaries, especially those that benefit from favorable tax treatment on foreign income. While some provisions align with expectations tied to the scheduled end of the Tax Cuts and Jobs […]
Why Strong Internal Policies Are Critical for Audit Readiness and Cyber Risk Protection
In this article: During IT General Controls (ITGCs) assessments performed either as part of financial statement audits or full IT security audits, AAFCPAs often identifies gaps in client policies and procedures that can leave an organization exposed to regulatory violations, operational failures, and reputational risk. Defined operational protocols for data security, breach response, and system […]
New Theater Tax Credit Offers Support for Massachusetts Arts Organizations
Designed to encourage local economic activity and nurture the state’s vibrant arts and culture ecosystem, the Commonwealth of Massachusetts has launched a new program that supports performing arts organizations while also bolstering Massachusetts’ reputation as a premier destination for theatrical production. Starting in July 2025, the Massachusetts Live Theater Tax Credit Pilot Program will run […]
How to Build a Reliable System of Record with Practical Data Strategy Insights
Financial systems are rarely as connected as they appear. As organizations grow and adopt specialized tools, each serving a distinct purpose, questions begin to emerge. Where does the most accurate version of a transaction live? Which system should drive reporting? Where does accountability reside? Without a clearly defined system of record, even routine tasks may […]
Buy-Sell Agreements, Life Insurance & Business Valuation: What Owners Must Know
Business owners are often reluctant to plan for the eventual transition of ownership, even though the need for succession is inevitable, whether it comes through retirement or unforeseen circumstances. Too often, the process is delayed because it feels premature, uncomfortable, or overwhelming. Some believe that having life insurance or a signed agreement in place is […]
Six Ways to Regain Time Without Overhauling Your ERP/GL System
Some decisions are delayed not because they are unimportant, but because they are uncomfortable. For many finance teams, the thought of changing systems or introducing automation falls into that category—too expensive, too complex, too disruptive. But staying the course has its own cost. Hours spent maintaining spreadsheets, tracking deadlines manually, or entering transactions line by […]
Is Your Tech Stack Built for Real-Time Decision Making?
Finance leaders face increasing pressure to produce faster, accurate reports and maintain strong internal controls—all while managing lean teams and limited resources. Technology should help ease this burden. However, when systems are disconnected, it often creates more work. Teams spend more time managing data across platforms than leveraging it for decision-making. Reconciliations get delayed. Reports […]
Federal Shifts Signal Challenges and Support for Health Centers
As the federal fiscal year draws to a close, Community Health Centers once again find themselves in the policy spotlight. With core funding set to expire in September and new oversight proposals taking shape, health center leaders are managing a landscape defined by both renewed backing and regulatory headwinds. Lawmakers on both sides of the […]