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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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FRAUD
What's your fraud IQ?

What’s your fraud IQ?

CPAs often collect, view, and store sensitive personal information about their clients and other individuals. How well do you know best practices for protecting personal data? Test your knowledge in this month’s Fraud IQ quiz.

MANAGEMENT ACCOUNTING
Public benefit corporations

The CPA’s role in forming benefit corporations

Public benefit corporations aim to create value for all stakeholders. Finance professionals can help in the creation and management of these increasingly common enterprises.

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Ask the expert: Practice management

For the past 30 years, Chandra Bhansali’s passion has been to find innovative ways for accountants to benefit from emerging technologies.

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.