Recognize opportunities to customize audit procedures at less-complex entities while meeting the requirements of the standard.
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...
November 2024 - Journal of Accountancy
AUDIT & ASSURANCE
Resources to implement the QM standard
The AICPA offers a practice aid and checklist to help firms implement the new quality management standard by the 2025 deadline.
FIRM MANAGEMENT
Offshoring for CPA firms: The hows and whys
Offshoring can open the door to a global talent pool, but firms should follow best practices and avoid common pitfalls.
TAX
New and enhanced energy tax credits for individuals
Help clients save money on green vehicles and home energy upgrades.
ADVERTISING SUPPLEMENT
The data-driven audit: Technology and the future of auditing
Cathy Rowe, Senior Vice President and Segment Leader, U.S. Professional Market, Wolters Kluwer Tax & Accounting North America, discusses how data-driven insights combined with analysis and guidance can make audits more thorough and help firms make better decisions.
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
Testing
March 14, 2025
