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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...

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PROFESSIONAL DEVELOPMENT
Memories of the CPA Exam

Memories of the CPA Exam

Every CPA has a story about taking the exam. These are some of the best.

FRAUD
What's your fraud IQ?

What’s your fraud IQ?

How much do you know about the foundational principles of an effective fraud risk management program? Test your knowledge in this month’s 5-question quiz.

PROFESSIONAL DEVELOPMENT
To my mentors and mentees: Thank you

To my mentors and mentees: Thank you

A top consultant to the accounting profession offers her view on how mentors have helped her career and the key traits great mentors share.

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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.