Tracey Golden, CPA, CGMA, is focused on evolving the CPA profession, lifelong learning, and quality in her year as chairman of the AICPA board.
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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...
June 2020 - Journal of Accountancy
FINANCIAL REPORTING
Pandemic alters lease accounting landscape
The coronavirus pandemic has led to a likely delay in the effective date of FASB’s new lease standard as well as an environment in which lease concessions may lead to new accounting considerations.
FINANCIAL REPORTING
Hedge accounting may be more beneficial after FASB’s changes
FASB’s changes to its hedge accounting standard may provide companies with new alternatives to account for their risk management activities. Here is some background on hedge accounting, what is changing, and how it has emerged as a more viable approach.
PERSONAL FINANCIAL PLANNING
Forensic accountants team up to fight elder abuse
Forensic accountants play a key role in an innovative approach to combating elder financial exploitation in a program that is spreading nationally.
FRAUD
When business owners defraud their partners
Look out for these telltale signs that a co-owner is misusing the business’s funds.
TAX
Look before you leap into a 529 plan
Circumspection is called for in funding students’ higher education.
COLUMNS
PROFESSIONAL LIABILITY SPOTLIGHT
TAX MATTERS
From the Tax Adviser
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
May 21, 2025
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March 14, 2025
