How Nonprofits Are Modernizing Finance Processes for Better Visibility and Control
Nonprofit finance teams are rethinking core processes to improve visibility, strengthen control, and support better decisions as operations grow more complex.
AAFCPAs’ James Jumes, MBA, M. Ed has been selected to lead the North American System and Organization Controls (SOC) Reporting Special Interest Group (SIG) for PrimeGlobal, an international association of independent accounting firms. James is uniquely qualified to lead this national SIG,...
AAFCPAs’ James Jumes, MBA, M. Ed has been selected to lead the North American System and Organization Controls (SOC) Reporting Special Interest Group (SIG) for PrimeGlobal, an international association of independent accounting firms.
James is uniquely qualified to lead this national SIG, which will serve as a forum for peers to share their interpretations and implementations of these complex attestation standards (Standards for Attestation Engagements No. 18 “SSAEs 18”), as well as provide best practices and new developments related to SOC reporting.
James is highly experienced in IT controls and assurance, SOX 404, and System and Organization Control (SOC) reports: SOC 1 (SSAE 18), SOC 2, SOC 2+, 3, and SOC for Cybersecurity attestation reporting. James developed a unique methodology for delivering SOC reporting services, and he is an AICPA-approved Peer Review SOC Specialist, assisting peer review teams to review SOC 1, 2, 2+ and 3 engagements.
SOC reports are designed to help service organizations, entities that process information or handle business transactions on behalf of their customers, build trust and confidence in their service delivery and controls over information and data.
AAFCPAs is a premier provider of SOC attestation and security solutions for organizations that must provide assurance about their systems and control environment to users. Liability concerns and the growth in cloud computing have elevated the marketplace demand for assurance regarding effective controls over these outsourced service functions. SOC Reports provide clients with the information they need about controls to help assess and address the risks associated with an outsourced service. Learn more about SOC reports. >>
Nonprofit finance teams are rethinking core processes to improve visibility, strengthen control, and support better decisions as operations grow more complex.
Cannabis operators facing complex tax rules and limited exit options may benefit from exploring employee ownership. An ESOP can free cash flow, align team incentives,...
AAFCPAs’ well-coordinated, one-firm approach ensures client priorities move forward with clarity, efficiency, and cohesion.