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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...

TOPICS / TECHNOLOGY

Bruce Sussman, CPA

Adapting defensive tools to be used in an analytic, predictive mode is a key to facing cybersecurity challenges, according to Bruce Sussman, CPA, payment card industry global executive for AIG.

Cybersecurity: A new engagement opportunity

CPAs who possess the appropriate expertise can perform new consulting and attest services for clients under a recently released AICPA framework. Developing expertise in this area is the key.

Cybersecurity by the numbers

Key statistics illustrate the threats facing the accounting profession—and potential liability for firms if a breach occurs.

Default Google Chrome to incognito mode

To launch Chrome’s incognito mode by default in Windows 10, create a shortcut on your Desktop and edit the shortcut’s command line as follows.

Use of driver’s license numbers raises security concerns

The decision of the IRS and some states to recommend—or, in a few cases, require—the use of driver’s license numbers as form of authentication on electronically filed personal tax returns has made them a higher-value target for hackers and other criminals.

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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.