A counterintuitive strategy can save taxes by including otherwise excludable scholarships in gross income.
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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...
March 2019 - Journal of Accountancy
MANAGEMENT ACCOUNTING
Mastering accounting for business combinations
Finance has a pivotal role to play in facilitating a successful acquisition or merger — and in performing the challenging accounting associated with a business combination.
FINANCIAL REPORTING
Private company GAAP alternatives: It’s not too late
The elimination of the effective date for FASB’s private company GAAP alternatives means it’s never too late to take advantage of these accounting simplifications. Each alternative may offer substantial relief and cost savings for private companies as they perform their accounting.
MANAGEMENT ACCOUNTING
Effective financial projections for a startup
Meaningful and easy-to-understand financial projections can bridge the communication gap between investors and entrepreneurs.
TAX
Trust and estate income tax returns under the TCJA
The law known as the Tax Cuts and Jobs Act affects many aspects of these so-called fiduciary returns.
COLUMNS
PROFESSIONAL LIABILITY SPOTLIGHT
TAX PRACTICE CORNER
TAX MATTERS
From the Tax Adviser
TECHNOLOGY Q&A
INSIDE AICPA
THE LAST WORD
NEWS
News Digest
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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