Topic
PPP Payment Due Dates Approaching
AAFCPAs reminds clients who received Paycheck Protection Program (PPP) loans of the payment due dates. PPP borrowers are eligible to apply for forgiveness at any time before their loans’ maturity date (loans made before June 5, 2020 generally have a two-year maturity, while loans made on or after that date have a five-year maturity, although […]
Cannabis Business Owners: Are you ready for an exit?
Cannabis Business Executive (Nov 2021) – Consolidation is a defining aspect of the cannabis industry in its current stage. Mergers and acquisitions are mounting at a breakneck pace. Those who want to capitalize on the sector’s appetite for acquisitions need to evaluate three key considerations if they are poised for an exit:
Meet Mr. Anderson, AAFCPAs’ Certified Ethical Hacker
AAFCPAs’ reminds clients that October is cybersecurity awareness month in the United States. AAFCPAs performs Information Technology (IT)/Cyber Security Assessments which help clients identify risks from the use of technology that could potentially cause information loss and/or financial and reputational harm to your organization. Our assessments include Vulnerability & Penetration testing performed by Mr. Anderson, […]
CFOs Bring Clarity to the Financial Situation
In our 2020-2021 CFO Survey, AAFCPAs asked respondents the same question we asked back in 2017: What does your CEO/Executive Director want most from you? CFOs are unquestionably responsible and accountable for interpreting and presenting analytics related to financial metrics. The major change is about what the concept of “bringing clarity” means. Financial metrics were […]
Lease Accounting Standard Effective 1.1.22
Implementing the new lease standard is not just a one-time exercise. It requires changes to accounting processes and financial reporting controls. Accounting policy elections and practical expedients will affect the overall process and timeline—so AAFCPAs advises clients to assess them early. Effective implementation requires a thorough evaluation of resources and your organization should identify someone […]
Cannabis M&A: are you ready for an exit?
The cannabis market is young, fragmented, and growing fast. While the U.S. continues to hedge on federal guidelines and states slowly adopt standards for legalization, the mergers & acquisitions marketplace is incredibly active. Owners and investors with an eye on an exit should ensure they have the right infrastructure in place to present themselves as […]
Cybersecurity: Tools & Strategies to Protect Yourself and Your Family
October is cybersecurity awareness month in the United States. Breaches continue to affect various aspects of our increasingly connected world: from fortune 500 companies to large municipalities and public utilities. AAFCPAs urges clients to remain vigilant and to consider the following tools and strategies to protect yourself and your family: Access Your Credit Report The […]
Keys to Success in Robotic Process Automation
Robotic Process Automation (RPA) eliminates tedious, repetitive, and time-consuming tasks and frees up knowledge workers to spend time on higher value work like strategic planning. It also reduces the risk of human error during processing. When launching RPA programs, there are common failures to avoid, including those related to governance, management, scaling, and choice of […]
IT Execs Must Balance Security with Productivity
COVID-19 has challenged businesses to think about operations in a new way, and in many cases, your IT specialists may be supporting employees for the first time ever that were never intended or conceived to be remote or fully remote. This shift in the way we work has created competing interests for IT departments, who […]