November 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...

MANAGEMENT ACCOUNTING

Managing noise, change, and emerging risks

Rethink your enterprise risk process and apply new tools to get better at managing emerging and disruptive risks.

PROFESSIONAL DEVELOPMENT

How CPAs and employers can support mental health

The pandemic has exacerbated struggles with anxiety and depression that require colleagues and management to respond with empathy and care.

AUDITING

Revenue recognition: 4 top concerns noted by peer reviewers

Practitioners can successfully navigate the new standard with special attention to these topics.

PERSONAL FINANCIAL PLANNING

Choosing a billing method for financial planning

CPA financial planners discuss the pros and cons of different billing methods for financial planning services and why they chose the one they did.

TECHNOLOGY WORKSHOP

Journal-entry testing using Excel

In this example walk-through, learn how to use Microsoft’s spreadsheet application to perform several tasks, including sampling.

ADVERTISING SUPPLEMENT

Ask the expert: Road to digital transformation

Guy Pearson is a Chartered Accountant, Chairman of Interactive Accounting, a progressive accounting firm he founded in 2009, and an angel investor in a portfolio of companies.