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Our People

Thomas Muldoon, CPA, CGMA


Tom specializes in providing assurance, tax, and business consulting services to sophisticated nonprofit organizations, including: multi-service human & social service providers, early education and care (EEC) agencies, independent schools, Massachusetts Chapter 766 schools, and higher education institutions. Tom specializes in audits in accordance with generally accepted auditing standards, Government Auditing Standards, Uniform Guidance and program-specific audits, as well as the Massachusetts Uniform Financial Report (UFR). Tom is a member of AAFCPAs’ Revenue Recognition Task Force, providing consulting solutions to clients for the efficient and effective implementation of the new ASU, including: assessing the impact of the new standards, and guidance throughout the transition process.

Tom serves as the firms’ designated audit partner with the AICPA’s Government Audit Quality Center. As such, Tom accepts firm-wide responsibility for the quality of AAFCPAs’ governmental audit and attestation practice. He keeps his finger on the pulse of recent developments and best practices in governmental auditing and helps to establish policies and procedures specific to the firm’s governmental audit practice to comply with all applicable professional standards and Center membership requirements.

Tom fully leverages all aspects of the assurance process to identify opportunities that add significant value and increase growth in revenue and profits. Tom advises clients in the areas of financial management policies & procedures, unrelated business income tax (UBIT) exposure, capital campaigns, operational budgeting and forecasting, revenue recognition, and implementing internal control structures with limited resources. In addition, many of AAFCPAs’ clients have large endowment portfolios and, as such, Tom has expertise in advising on educational asset & endowment management and alternative investments. He has been serving AAFCPAs’ clients since 2001.


  • University of Massachusetts at Amherst – Bachelor of Science, Business Administration, Accounting


  • Future Chefs – Finance Advisory Council
  • Project Bread, The Walk for Hunger – Volunteer
  • American Cancer Society – Volunteer
  • Massachusetts Society of CPAs – Nonprofit Accounting & Auditing Committee
  • Smaller Business Association of New England – Nonprofit Committee