Daniel Stanhope, MSA, CCIFP, CPA

Partner

Dan leads high-energy engagement teams in providing assurance solutions to clients across a wide variety of privately-held, commercial industries, including: Construction, Cannabis, Manufacturing & Distribution, Professional Services, Architecture & Engineering, and Insurance. He offers detailed reports about audit findings and communicates business-critical information to management, positively impacting their decision making.

Dan is a Certified Construction Industry Financial Professionals (CCIFP), and has extensive experience in the construction industry, providing solutions to general contractors and subcontractors from $500,000 to over $1B in annual volume, assisting them with profit improvement and tax saving strategies. He advises clients with the selection and implementation of accounting software programs, marketing initiatives, and employee assessments. Dan’s surety, banking and insurance relationships are valuable to clients seeking renewal or initiating their next bond.

Dan consults on merger and acquisition considerations, and ways to maximize shareholder value, including opportunities to create efficiencies, lower operating costs, and generate the highest return on capital investments. He has extensive experience with planning and compliance aspects of partnership and corporate income tax returns.

Dan is an active member of the firm’s Accounting and Assurance Committee, and a leader of AAFCPAs’ commercial business practice, training professional staff on topics related to: stock compensation, accounting treatment of transactions, and efficiency in assurance procedures. Prior to joining AAFCPAs in 2014, Dan gained over 10 years of experience in public accounting.

Publications

Education

Northeastern University – Master of Science, Accounting
Bryant University, Bachelor of Science – Business Administration with concentration in Accounting

Professional and Civic Associations

American Institute of Certified Public Accountants
Massachusetts Society of Certified Public Accountants
Associated Subcontractors of Massachusetts
Construction Financial Management Association
Worcester Young Businessmen’s Association

Service

Supervisory Committee of Central One Federal Credit Union
Marlborough Economic Development Corporation, Executive Committee, Treasurer and Board member
Central Mass Housing Alliance, Board member and Treasurer
Home Builders & Remodelers Association of Central Massachusetts, Board member
Marlborough Retirement Board, Board member
Contractors Children Fund, Board member and Treasurer

Contributed Insights

Construction Project Management Tip: Regular Cost Updates Are Crucial for Accurate Financial Reporting

It is important for Project Managers to regularly update costs during a project because things are dynamic, and nothing goes exactly to plan. You could be beating the budget on labor hours, which may result in increased profitability, or you could be going way over on hours and ultimately need more resources to finish. There […]

Construction Analytics Overview and Software Demo

AAFCPAs’ Construction Practice is pleased to share an informative dialogue about which construction financial analytics are most crucial for controlling costs, ensuring profitability, and managing project efficiency. We also offer a product demonstration presented by ProNovos, a leading financial analytics solution tailored to suit the needs of the construction industry. This webinar OnDemand will reveal […]

Data-Driven Insights for Construction Executives

AAFCPAs invites construction executives to attend a 1-hour webinar on December 7th at 1pm to learn how to leverage data-driven insights to find efficiencies and protect their profits. Dr. John Killingsworth from Colorado State University joins Kevin Bright from ProNovos for a discussion on leveraging construction analytics to create a financial dashboard. The discussion will […]