December 2021

Breaking News

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...

PRACTICE MANAGEMENT

ESG offers growth opportunities for 2022

Focus on environmental, social, and governance issues is rising amid investor and regulator interest.

TAX

Business tax quick guide — tax year 2021

Download or print this quick guide for use during tax season, and look for our quick guide for individual taxpayers in the January 2022 issue.

MANAGEMENT ACCOUNTING

Persevering through supply chain disturbances

Lumber prices skyrocketed as a result of the pandemic. One homebuilder’s CFO explains how the company navigated those tough and unpredictable waters.

PRACTICE MANAGEMENT

IMAGE BY MATT HARRISON CLOUGH/IKON IMAGES

CAS practices see 20% growth

Respondents to a survey report higher net client fees per professional.

FORENSIC SERVICES

Helping clients build a cyberattack recovery plan

CPAs can play critical roles in helping companies plan
their recovery from online attacks.

ADVERTISING SUPPLEMENT

Karla D’Alleva Valas leads Fidelity Charitable’s adviser success strategy focused on CPAs who prioritize charitable planning as integral to their practice. Previously, she led the Complex Asset Group, a team of attorneys working with CPAs to facilitate charitable donations of appreciated private company stock and other nonpublic assets. She is admitted to the bar in New York and Massachusetts.

Ask the expert: Gift planning

Karla Valas leads fundraising for Fidelity Charitable, the nation’s largest grantmaker. Her team helps CPAs to prioritize sophisticated planning conversations that incorporate charitable strategies.