November 17, 2009, Tewksbury, MA MFA - Moody, Famiglietti & Andronico Continues Annual Charitable
Commitment with Major Contribution to Lazarus House
MFA - Moody, Famiglietti & Andronico, LLP, a proactive CPA and
consulting firm, is pleased to announce its support of Lazarus House Ministries, a charitable organization located in Lawrence, Massachusetts. The firm’s donation will help support the Lazarus House’s mission of providing services to people who are in dire need of life's most basic necessities.
April 22, 2009, Tewksbury, MA
Veronica Vaz Earns Merrimack College’s First Annual
MFA - Moody, Famiglietti & Andronico Accounting Award MFA - Moody, Famiglietti & Andronico, LLP, a proactive CPA and consulting
firm, today announced that Merrimack College presented the first annual MFA - Moody, Famiglietti & Andronico Accounting Award to Veronica Vaz of Peabody, MA. The $1,000 award will be given each year to the College’s top ranked third-year accounting student.
November 2006
MFA - Moody, Famiglietti & Andronico, LLP Names Matthew J. Boyle a Partner MFA - Moody, Famiglietti & Andronico, LLP, a regional CPA and Consulting firm, today announced it has named Matthew J. Boyle a Partner. Matthew will continue in his capacity as Chief Marketing and Sales Officer focusing on MFA’s long-term growth and brand recognition.
"Some people believed that Fin 48 adoption would not be a big deal for hedge funds and private equity because they typically are not subject to federal income tax as a partnership," said Craig Eaton, a partner at accounting and consulting boutique Moody, Famiglietti & Andronico in Tewksbury, Mass. "They're now finding out that Fin 48 is more far-reaching."
“They are still using LIFO, and if they would have to reverse that they would trigger tens — if not hundreds — of millions of dollars of taxes,” said Travis Droun, a partner in accounting firm Moody, Famiglietti & Andronico LLP in Tewksbury. “For small business I don’t think it is going to materially affect companies, but it certainly is a consideration.”
After reading about AARs four years ago, MFA's leaders decided to bake them into every customer engagement, no matter how small. "AARs and BARs -- they're famous here now," says Matthew Boyle, an MFA partner. "When an e-mail goes around saying 'There's a BAR on Client X,' everyone knows exactly what to expect."
February 2009, PEHUB Fair Value Broadly Inconsistent
“You have two funds side by side with the same exact portfolio, but if they both mark to fair value and they haven’t talked to each other, you could have one valued at $10 million and another valued at $40 million,” says [Travis] Drouin.
"Sarbanes-Oxley and directives for Boards and corporate policy have changed company structure quite a bit, and the effects go well beyond internal controls. By streamlining and increasing transparency, compliant companies have access to more advanced data streams and measurement techniques that allow them to be fiercer and more nimble competitors." Carl Famiglietti, the managing partner of MFA—Moody, Famiglietti & Andronico
“One high profile piece of the CPA’s complex landscape is the common struggle to recruit and retain qualified talent,” says Carl Famiglietti, the managing partner of MFA—Moody, Famiglietti & Andronico, based in Tewksbury, Mass.
MFA – Moody, Famiglietti & Andronico, LLP is a proactive CPA and consulting firm located North of Boston with National and Global reach. Founded in 1982, the firm is comprised of nearly 100 professionals including 15 partners whose speed, precision, and commitment to client success results in proven best value solutions that offer the ideal combination of expertise, service and price.