FASB Simplifies Credit Losses for Accounts Receivable and Contract Assets
Accounting for credit losses has required companies to peer into the economic fog, projecting how shifts in employment, inflation, or policy might affect a customer’s…
AAFCPAs has extensive expertise providing assurance, tax, accounting, and advisory solutions to technology-focused companies.
AAFCPAs’ team of multi-disciplinary professionals includes CPAs, Consulting Tax Attorneys, Consulting CFOs & Controllers, Data Analysts, Business Process, and IT Security Professionals, as well as Wealth Advisors. Our specialists come together quickly to help you persevere through the complexity of running a sustainable, high-performing organization in today’s business world.
Our team includes senior professionals with Big 4 and national firm experience. They have advised mid-sized, multinational SEC registrants and bring “lessons learned” to emerging companies navigating the accounting and tax complexities of revenue recognition, development costs, share based compensation, and complex equity or debt structures in venture capital transactions.
While our ideas and experience are “big,” we pride ourselves on the fact that we are a locally-owned firm that has grown organically as our value proposition is compelling. Our firm continues to expand its nationwide reach.
AAFCPAs’ diverse tax expertise is delivered by seasoned advisors with years of proven experience advising start-ups, venture-back companies, and companies expanding across the country and the globe with complex multistate, cross-border, international accounting, and taxation issues.
Many of AAFCPAs’ start-up and emerging growth companies leverage our Outsourced Accounting & Fractional CFO practice to achieve their finance function. AAFCPAs provides right-sized, outsourced accounting & advisory solutions, from cloud-based transactional accounting to high level CFO deliverables designed to optimize the modern finance function, and efficiently address your most critical financial processes.
If an exit is what you’re eyeing, you may access our Business Transaction Advisory team, which advises clients managing and executing buy-side, sell-side, private equity, and internal transactions. We help clients make informed decisions and execute transactions through all stages of the deal cycle.
AAFCPAs is a premier provider of System and Organization Controls (SOC) reports for organizations that must provide assurance about their systems to users.
AAFCPAs provides “second firm” solutions in instances where clients’ CPA firm either lacks the resources or has auditor independence issues. These solutions include SOX 404 management assessments, enterprise risk assessments, cybersecurity risk assessments and Vulnerability Management as a Service (VMaaS).
Start-up and early-stage life science entrepreneurs and investors rely on AAFCPAs for comprehensive support tailored to their unique needs. This includes guidance on tax-efficient entity formation and selection, assistance with setting up cloud-based systems for accounting, bill payment, and payroll, and strategic tax planning. AAFCPAs also evaluates existing software tools to identify opportunities for more efficient processes, develops systems for tracking key contracts and their financial impacts, and collaborates with financial statement audit teams to plan for a successful first-year audit or review.
AAFCPAs offers specialized solutions to address the more complex challenges faced by growth stage technology businesses. Our Fractional CFOs and Controllers assist with analysis of significant R&D and contracts, budgeting, forecasting, and management reporting, cash runway evaluations, external audit coordination, vendor discussions, and regulatory filings like 1099s, empowering businesses to navigate complexity with confidence. Our integrated Business Transaction Advisory team guides clients through buy-side, sell-side, private equity, and internal transactions, offering due diligence preparation, response support for investor and buyer inquiries, and strategic advice to optimize exit strategies. We also deliver cost-effective in-house tax solutions to support IPO readiness, including corporate income and sales/use tax advisory, stock option modeling, and tax provision workpapers.
For companies requiring second-firm support (i.e., independence), we provide SOX 404 management assessments, enterprise and cybersecurity risk evaluations, and cybersecurity and IT security services to support compliance and risk mitigation when internal resources are constrained.
Headquartered in Massachusetts—a hub for emerging technology companies—AAFCPAs has deep expertise in navigating and supporting technology-driven innovation. AAFCPAs is uniquely positioned to provide you with the close personal attention of our executive level professionals and help you continue to position your company to meet the challenges of tomorrow.
As an independent member of PrimeGlobal, the third largest CPA firm association in the world, our clients experience seamless national and global coordination of resources, on an as needed, pay-as-you-use basis. Our clients consider us an attractive alternative to national CPA firms.
At Stavvy, we envision a future where real estate moves beyond documents, transforming complex processes into seamless, secure, data-driven experiences. Achieving this vision requires more than just an auditor; it demands a trusted business partner with deep industry expertise and a collaborative, consultative approach. AAFCPAs has exceeded these expectations, delivering value on every front—and beyond.
AAFCPAs quickly established themselves as a true partner we can rely on for brainstorming and problem-solving. Their expertise has been invaluable, from navigating international operations and revenue recognition accounting to analyzing business combination transactions and valuation allocation. They are always available to assist, no matter how simple or complex the question.
A Valuable Partnership for a Modern Vision
RailRunner moved to AAFCPAs after relocating to Boston from Atlanta over ten years ago. I have been involved in entrepreneurial businesses for over four decades, and have worked with three of the “Big Six” (now “Big Four”), and several smaller firms. AAFCPAs can match any of them, in overall service, responsiveness, accuracy and thoroughness. They have helped us with an overall program of SOX preparedness as well as through several complex private financings. AAFCPAs’ professionalism, high level of personal service and mindful efficiency keep RailRunner a faithful client.
Working with AAFCPAs plays a key role in our ability to scale effectively in the competitive SaaS industry. As we grow, AAFCPAs helps us navigate the complexities of financial management, from managing varying state definitions and tax implications for SaaS to guidance on strategic business decisions. Their hands-on approach and industry-specific knowledge have been critical in helping us tackle new challenges.
Organized Audit. Faster Close
With AAFCPAs, the audit process moves efficiently because they clearly understand how our business works. We’re not spending time explaining payment flows or walking through fundamentals. Instead, the team focuses on the right areas—asking targeted, relevant questions and moving the process forward in a structured and highly organized manner.
As a result, we complete the bulk of our audit work in a matter of weeks, finishing the process in roughly 45 days—even with competing priorities and a complex business. Just as important, we avoid unnecessary back-and-forth or going down paths that add minimal value, which reduces both internal effort and external time spent. The process remains focused and productive throughout.
For fintech companies or organizations seeking an efficient, well-run audit process that delivers results without wasted time or effort, I highly recommend AAFCPAs.
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Accounting for credit losses has required companies to peer into the economic fog, projecting how shifts in employment, inflation, or policy might affect a customer’s…
During AAFCPAs’ recent Nonprofit Seminar (April 2025), Matthew Hutt, CPA, CGMA, Partner, and Jennifer A. L'Heureux, CPA, Manager, shared insights with more than 550 attendees…
AAFCPAs would like to make clients aware that in December 2023, the Financial Accounting Standards Board (FASB) issued Accounting Standard Update (ASU) 2023-08, Intangibles –…
AAFCPAs celebrates the many nonprofits that enrich our lives by committing to donate 10% of our net income annually back to nonprofits.
– Carla McCall, AAFCPAs Managing Partner“Our impact does not come from a single initiative; it comes from hundreds of people who show up each day with curiosity and a commitment to making things better.”
Every situation is unique. We look forward to speaking with you to determine how we may best solve your needs.