Olga Yasinnik, CPA, MBA
Olga specializes in driving high-energy audit teams, and advising sophisticated nonprofit organizations, including multi-services human & social services providers, community development corporations (CDCs) and their affordable housing development projects. She provides proactive guidance to these clients who receive state and federal grants, and must file Uniform Financial Reports (UFRs) and require audits in accordance with Uniform Guidance/Single Audit and Government Auditing Standards. Olga has extensive experienced in advising clients with projects funded by Low Income Housing and Historical Tax Credits. She is an active leader of AAF’s Affordable Housing and Real Estate Community Development, and Human & Social Services practices.
Olga is an active member of AAFCPAs’ Accounting & Auditing Committee, and an in-house technical trainer on Uniform Guidance/Single Audits, U.S. Department of Housing and Urban Development (HUD) audits, and the FASB’s new lease accounting standard, ASU 2016-02, Leases (Topic 842). Olga is a leader in AAFCPAs’ Leases Accounting Standard Task Force, and has been devoted to understanding and interpreting accounting standard update 2016-02, Leases (Topic 842) since the FASB announced the project. She authored a detailed Whitepaper in 2017, outlining the significant changes resulting from the new ASU, including: a comprehensive outline of the scope of the new lease standard, effective dates, disclosure requirements, and practical considerations for lessees and lessors. Click here to download AAFCPAs’ Lease Accounting Whitepaper. >>
Olga is an alumna of the Greater Boston Chamber of Commerce/Simmons School of Management 2014-2015 Women’s Leadership Program. She is a past winner of AAFCPAs’ peer-nominated Excellence in Client Service award, in recognition of her exceptional efforts, and she has been serving AAF clients with distinction since 2009. She speaks English, Ukrainian and Russian.
- Bentley University – Master of Business Administration
- University of Massachusetts Boston – Bachelor of Science, Management and
Accounting, magna cum laude
- Massachusetts Housing Shelter Alliance – Advisory Council to the Board of Directors
- Massachusetts Housing Shelter Alliance – President of Young Professionals Group