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The Role of SOC Reports for Subservice Organizations
The Role of SOC Reports for Subservice Organizations

The Role of SOC Reports for Subservice Organizations

If a subservice organization (e.g., payroll processors, software firms, IT support, or medical billing functions) processes sensitive data, handles financial transactions, or provides critical services to clients, it may require a System and Organization Controls (SOC) report to demonstrate its commitment to internal controls and compliance. Subservice organizations are third-party entities such as process outsourcers […]

AAFCPAs’ Alumni Event
AAFCPAs' Alumni Event - Save the date

AAFCPAs’ Alumni Event

Mark your calendar and consider joining us as we reconnect, reminisce, and pay tribute to the lasting impact of our shared contributions. This relaxed and casual event is a chance to network with your former colleagues, see our new headquarters, forge new connections, and accept our gratitude for the impact you have made during your […]

Promotions Announced at AAFCPAs
Employee shaking hands

Promotions Announced at AAFCPAs

Boston, MA (April 8, 2024)—AAFCPAs, a preeminent 325+ employee CPA and consulting firm specializing in tax, assurance, accounting, wealth management, business process and IT advisory solutions, is pleased to announce recent promotions to director, manager, and experienced professional. New Directors and Managers Amy Staunton, CPA. Now Director & Consulting CFO in AAFCPAs’ Outsourced Accounting & […]

Carmen Grinkis, Leading Lady 2024
Carmen Grinkis, Leading Lady 2024

Carmen Grinkis, Leading Lady 2024

Carmen Grinkis, Ph.D, CLTC, CLU®, CFP® was recently featured in Providence Monthly, Hey Rhody, and The Bay Magazine’s Leading Ladies 2024 spotlight, which included several inspiring, passionate, determined leaders who are making a difference in their Rhode Island communities. Carmen is a Wealth Advisor and Co-Managing Partner of AAF Wealth Management, a division of AAFCPAs.

AAFCPAs Speaking at MJ Unpacked, Atlantic City
AAFCPAs Speaking at MJ Unpacked, Atlantic City

AAFCPAs Speaking at MJ Unpacked, Atlantic City

Janice O’Reilly, CPA, CGMA, Partner has been invited as a panelist on “Empowering Women: Navigating the Path to Capital” at MJ Unpacked, an event uniting cannabis retail and brand executives, license holders, and accredited investors who actively invest in the space. The event takes place April 9, 10, and 11, 2024 at the Hard Rock […]

Webinar: Cannabis ESOPs – The Industry Game Changer
Webinar - Cannabis ESOPs - General Information

Webinar: Cannabis ESOPs – The Industry Game Changer

In AAFCPAs’ recent webinar “Cannabis ESOPs: Why an ESOP is an Industry Game Changer”, David McManus, CPA, CGMA, Tax Partner & Cannabis Practice Leader and Joshua England, LLM, Esq., Partner & Tax Attorney along with Hannah King, Partner, Dentons, Mark Loyd, Partner and Co-lead of national tax practice at Dentons, and Darren Gleeman, Managing Partner, […]

Kim Beauchamp Promoted to Partner
Kim Marie Beauchamp, CPA

Kim Beauchamp Promoted to Partner

AAFCPAs is thrilled to announce the promotion of Kim Beauchamp, CPA, Chief Operating Officer to Partner effective April 1, 2024. Kim has made a substantial impact on the firm in the short two years that she has been with AAFCPAs including the assumption of the managing partner’s responsibilities for operational oversight. Kim has driven improvements […]

$270M in New Funding to Community Health Centers
$270M in New Funding to Community Health Centers

$270M in New Funding to Community Health Centers

AAFCPAs would like to make health center clients aware that the Consolidated Appropriations Act, 2024, was signed into law on March 9 and is slated to provide $270 million in new annual funding to community health centers. Backdated to the start of the current fiscal year, this funding brings the program’s total annual funding to […]

Clean books & records ease year-end stress

Clean books & records ease year-end stress

To our fellow public accounting auditors. As busy season nears its peak, so does the pressure to ensure financial affairs are in order. At this stage, last-minute or disorganized requests only frustrate staff and lead to undue stress, long hours, awkward change orders, and a higher potential for error. AAFCPAs’ Outsourced Accounting & Fractional CFO Practice is […]