Outsourced Accounting & Finance
Helping Clients Get Audit-Ready: How Advisory Team Supports Auditors
AAFCPAs’ Outsourced Accounting & Fractional CFO Practice Helps Make Audits Smoother and More Efficient As year-end approaches, many finance teams and their external auditors navigate the season’s challenges with a shared goal: ensuring financials are audit ready. Disorganized records, such as missing invoices and agreements, or unreconciled general ledgers can add unnecessary complexity to this […]
Accurate Forecasting Matters for Business Growth
Budgeting and forecasting are critical components of financial planning, each serving its own distinct purpose. A budget establishes the financial framework for the year, providing a static benchmark against which performance is measured. But budgeting, while essential, is only half the equation. Cash forecasting completes the picture, offering a dynamic, real-time view of financial health […]
Maximize Your Business Sale Value: Why Accurate Financials Matter
In this article: Businesses considering a sale, merger, Unsolicited Friendly Offer (UFO), or even a partial sale in exchange for a significant outside investment typically hear one piece of advice: Ensure your books are in order. Clean, accurate, and up-to-date financial records are essential for transaction success, particularly as prospective buyers or investors demand greater […]
Navigate Finance Team Disruptions and Ensure Continuity
An abrupt change or turnover in the finance function requires a swift and strategic response. Losing a key figure in the department, for example, may leave your company vulnerable, creating an immediate need for financial oversight and leadership. Similarly, rapid or substantial growth can heighten operational complexity, demanding immediate attention. Beyond sudden disruptions, other situations […]
Optimize Q4 Budget Planning
In this article: During the fourth quarter, it is critical that organizations evaluate financial performance, finalize plans, and set priorities for the year ahead. It is a time to refine budgets, align strategies with goals, and prepare for challenges while building a foundation for success. The Q4 budgeting process ensures resources are allocated effectively, key […]
Announcing AAFCPAs’ Exciting Partnership with Oracle NetSuite
We are thrilled to announce that AAFCPAs has formed a new partnership with Oracle NetSuite, one of the world’s leading cloud-based ERP systems. This collaboration aims to provide our Outsourced Accounting & Fractional CFO (OAFC) clients with unparalleled support and advanced solutions that are perfectly tailored to their growing needs. Outsourced NetSuite Accounting For OAFC […]
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 […]