Terri Delaney

Consulting CFO

Terri is a highly coveted finance professional and a senior member of AAFCPAs’ Outsourced Accounting & Fractional CFO practice. She provides high-level, outsourced CFO services designed to right-size the modern finance function, and efficiently address our clients’ most critical financial processes. She is well-versed in the issues and complexities facing complex multi-national companies, which makes her an invaluable source of financial guidance as an extended member of client management teams.

Terri assists start-ups and international companies expanding their operations into the US with accounting infrastructure set-up, on-going accounting services, and high-level CFO support. She assesses clients’ financial processes and technologies, provides creative solutions, and identifies opportunities to increase efficiencies and effectiveness. She has vast experience strengthening internal controls and recommending & migrating clients to the most appropriate cloud-based accounting/financial management system.

Terri is a tax strategist, advising companies and shareholders on challenges and opportunities stemming from cross-border expansion and complex tax provisions. Her expertise includes federal and state sales, payroll, and income tax filing & registration requirements, apportionment, tax treaties, transfer pricing methodologies, reporting of foreign financial assets & foreign bank accounts, and forecasting the impact of the ever-evolving IRS tax code. She ensures AAFCPAs’ Outsourced Accounting & Fractional CFO clients are in compliance with all relevant tax regulations, while preserving cash and maximizing shareholder value.

As a Consulting CFO, Terri provides high-level advice and counsel on areas critical to the success of AAFCPAs’ clients, including training and management of accounting staff; budgeting, forecasting and cash management; developing custom/comparative reporting for international parent entities; and understanding the impact of new accounting standards and tax laws.

Education

University of Phoenix – Master of Science, Accounting
University of Phoenix – Bachelor of Science, Accounting

Prior Experience

Scott A. Goffstein & Associates, LLP – Senior Manager (1999 – 2020)
Sudbury Systems, Inc. – Accounting Manager

Proessional Associations

American Institute of Certified Public Accountants (AICPA)
Massachusetts Society of Certified Public Accountants (MSCPA)

Contributed Insights

Best Practices for Foreign Companies Establishing a U.S. Presence and Hiring U.S. Employees

Foreign companies entering the U.S. have a lot to consider from a tax, accounting, and legal perspective prior to commencing operations in the U.S. Because establishing a legal entity can take time to complete, with multiple steps and potential bottlenecks to accommodate, AAFCPAs advises that clients understand the timeline and plan accordingly. The first step […]

AAFCPAs Pushes Ahead With Acquisition During Pandemic

The Westborough-based accounting and consulting firm AAFCPAs has acquired a small local firm with a specialty in international tax issues, pushing ahead with the deal despite the economic wreckage caused by the ongoing Covid-19 pandemic. AAFCPAs is buying Waltham-based Scott A. Goffstein & Associates, a 14-person firm, with Goffstein coming on as a partner. The […]

Westborough Accounting Firm Expands to Waltham With New Acquisition

Westborough accounting firm AAFCPAs announced on Monday it has acquired Waltham-based Scott A. Goffstein & Associates, increasing its staff to 34 partners and 240 employees. AAFCPAs plans to continue maintaining Goffstein’s office in Waltham, making it the fourth AAFCPAs office, along with Wellesly and Boston, according to the announcement. Goffstein’s office has 14 employees.