Outsourced Accounting & Finance
Best Practices for Cash Management
10 Tips for Effective Cash Management Understanding and managing cash is essential to running a business. Cash is at the center of every decision, from paying bills to meeting payroll. Effective cash management also ensures a business can invest in new projects, expand operations, and prepare for unexpected expenses or downturns. It ensures timely credit […]
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 […]
AAFCPAs Announces Rebrand of MAS Practice
Boston, MA (March 1, 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 the rebrand of its Managed Accounting Services (MAS) practice. As part of our ongoing commitment to innovation and growth, we have updated the practice name […]
How to Level Up Financial Planning & Analysis
Financial Planning & Analysis (FP&A) plays a crucial role in an organization’s success. Budgeting, forecasting, and analytics support decision makers at organizations of all sizes. Most have the basic building blocks to drive FP&A—for instance, a good grasp of their industry, clear strategic objectives, and a wealth of financial data. But they may lack the […]
Year-end CFO/Controller Projects
As we approach the end of the year, finance leaders are immersed in a critical phase: ensuring tax compliance readiness, devising year-end tactics to maximize 2023 tax benefits, and crafting budgets and forecasts for 2024. This period often brings a surge in workload, challenging teams to do more with the same resources. This is where […]
CECL Standard’s Significant Impact on Financing and Trade Accounts Receivable
AAFCPAs Provides Business Guidance on FASB’S New CECL Model Guidance May Have a Significant Financial Reporting Impact on Financing and Trade Accounts Receivable The long-awaited Current Expected Credit Losses (CECL) Standard, Accounting Standards Update 2016-13 – Financial Instruments-Credit Losses (Topic 326) will be effective for nonpublic business entities and not-for-profit entities for fiscal years beginning after […]
Best and Worst Practices in Nonprofit Finance
During AAFCPAs’ recent Nonprofit Educational Seminar (April 2023), leaders in our Managed Accounting & Advisory Solutions practice provided more than 400 attendees with a behind the scenes glimpse into some of the best and worst practices in nonprofit financial operations. The session included insight, thoughts, and recommendations from Joyce Ripianzi, CPA, Lauren M. Duplin, CPA, […]
Year-end CFO/Controller Projects
As the year winds down, finance leaders are focused on tax compliance readiness, year-end strategies to optimize 2022 tax, and budgeting and forecasting for 2023. For many, this time of year means workload compression, as your resources remain constant. AAFCPAs Managed Accounting & Advisory practice is available to provide specialized resource enhancements, including access to […]
Growth in AAFCPAs’ Managed Accounting Solutions Practice
Boston, MA (8/30/2022) – AAFCPAs, a best-in-class CPA and consulting firm known for tax, assurance, accounting, wealth management, business process, and IT advisory solutions, today announced the addition of Anne Mola, CPA, Alvin Rasmus, MBA, and Kimberly Rice. These professionals join the firm’s growing Managed Accounting Solutions Practice, which provides high-quality cloud-based accounting and advisory […]