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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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NOT FOR PROFIT
Carolyn Mollen, Uvette Pope-Rogers, Jennifer Casacchia, and Sibi Thomas

Meet the guest editors

We invited four CPAs who work for not-for-profits or serve them in public practice to help develop features for this issue, which focuses on important topics in the sector.

NOT-FOR-PROFIT
The benefits of ‘budgeting for results’

The benefits of ‘budgeting for results’

By starting with specific outcomes in mind in their budgeting process, not-for-profits can make themselves more attractive to detail-oriented, impact-driven donors.

NOT-FOR-PROFIT
Why cyberdefenses are worth the cost

Why cyberdefenses are worth the cost

The potential for devastating damage posed by data breaches means that not-for-profits and other organizations shouldn’t pinch pennies in this area. These tips can help reduce the risks.

FRAUD
What's your fraud IQ?

What’s your fraud IQ?

How good are you at spotting red flags that may indicate financial statement fraud? Take this month’s Fraud IQ quiz and find out.

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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.