Tax Planning & Compliance
Nonprofit Challenges in Navigating Tax Issues
Nonprofit organizations are often thought to be tax exempt. But this is a misnomer, as there are many situations where a nonprofit may have to...
Blog
Higher Education
Higher Education
Independent Schools
Guidance on Lease Standard for Independent Schools
What Lessees Need To Know In February 2016, FASB issued Accounting Standards Update (ASU) 2016-02, Leases (Topic 842) to increase transparency and comparability of lease...
Higher Education
Guidance on New Lease Accounting Standard
In 2016, FASB issued Accounting Standards Update (ASU) 2016-02, Leases (Topic 842) to increase transparency and comparability of lease transactions. AAFCPAs has summarized some of...
Special Education Schools
AAFCPAs’ 2021 Nonprofit Educational Seminar
AAFCPAs is excited to announce that registration is now open for our 12th Annual Nonprofit Educational Seminar, scheduled for Wednesday, April 28. As a client and/or...
James Jumes
Cyber Actors Target K-12 Distance Learning
AAFCPAs would like to make education clients aware that the Federal Bureau of Investigation (FBI), the Cybersecurity and Infrastructure Security Agency (CISA), and the Multi-State...
John Buckley
Massachusetts DESE Issues New Guidance on Approval of Annual Financial Statement Audit
AAFCPAs would like to make our Massachusetts education clients aware that in July 2020, the Massachusetts Department of Elementary and Secondary Education (DESE) issued the...
Caitlin Harvey
Cancelled Fundraising Events, Written Notice Requirements
On March 10, 2020 MA Governor Charlie Baker declared a state of emergency for the Commonwealth of Massachusetts in response to the spread of the...
Tax Cuts & Jobs Act
Viewpoint: Nonprofits should stay vocal about transportation 'tax'
Boston Business Journal | "Organizations are tax-exempt for a reason: to optimize their abilities to benefit society," says Carla McCall, CPA, CGMA, AAFCPAs' Co-Managing Partner. In...
Arts & Cultural
Educational Podcast: CFO Survey Report: Behind Every Thriving Organization is a High-Functioning CFO
Listen to PodcastClick here to listen to podcast or use the above media player.AAFCPAs, in collaboration with The Boston Chapter of Financial Executives International (FEI-Boston),...
