EXECUTIVE SUMMARY FOR THE PAST YEAR, modem makers have been promising to take the creep out of the Internet with their proposed higher speed 56 Kbps models. Their claims have partly come true. While you cant get a full 56 Kbps throughput (the speed at which the data flow), you
Breaking News
A Better Way to Gauge Profitability
EXECUTIVE SUMMARY Return-on-equity (ROE) is the correct profit metric to evaluate the performance of a business. However, the primary emphasis on financial ratio analysis must be on operating performance. The “advanced” version of the DuPont model remedies the original model’s failure to cleanly separate the effects of operating and financing...
August 1997 - Journal of Accountancy
TAX RESEARCH
The Best Online Tax Sites
The Internet is an especially rich field for CPAs specializing in tax; even accountants with minimal online experience have probably visited the Internal Revenue Service Web site (http://www.irs.ustreas.gov/). However, experienced CPA Web surfers have been accessing the many quiet but useful sites that continually pop up on the Web with
THE SMALL PRACTITIONER
Taking Advantage of Technology
EXECUTIVE SUMMARY VIRGINIA SOLE PRACTITIONER John Gill has used technology not only to cut down on the time required for tasks such as tax research but also to open new marketing opportunities. IN TAX RESEARCH, he uses CD-ROMs for primary research, finding them more thorough and convenient than research performed
FINANCIAL REPORTING
Simplifying EPS
EXECUTIVE SUMMARY IN AN EFFORT AT SIMPLIFICATION, the Financial Accounting Standards Board issued Statement no. 128, Earnings per Share , to replace Accounting Principles Board Opinion no. 15 of the same name. The new statement simplifies EPS by eliminating primary EPS and common stock equivalents, replacing them with basic EPS.
PROFESSIONAL ISSUES
National MAP Survey Results
EXECUTIVE SUMMARY THE TEXAS SOCIETY OF CPAs released its annual national survey of small firms, allowing a CPA firm to compare itself in a number of areas with other similar firms. ACCOUNTANTS EARNINGS were up, but they put in long hours to earn their money. Small firms reported a billing
ASSURANCE SERVICES
Build On Your Firm’s Strengths
EXECUTIVE SUMMARY NEW ASSURANCE SERVICES open up enormous opportunities for firms. But the services wont succeed unless they meet the market demand and also match CPA firm capabilities. Firms must choose new services that are a good fit with their competencies, cultures and reputations. TO DETERMINE THE FEASIBILITY of offering
BUSINESS
Are You Ready For the New Accounting?
EXECUTIVE SUMMARY THE ROLE OF accountants in business and industry is changing, and this survey documents the tasks they perform now and how they see their jobs changing. USED CORRECTLY, such data can help accountants determine how they can prepare for the new accounting—where the emphasis is on information analysis
SPONSORED REPORT
Be prepared for tax season early
Our expert tax report highlights the important issues that tax preparers and their clients need to address for the 2024 tax year. Stay informed and proactive with guidance on critical tax considerations before year-end.
From The Tax Adviser
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