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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

March 1, 2025

Get into the flow with AI-powered app Miro

This article shows how to use Miro to build a flowchart.

February 1, 2025

How finance can get started with gen AI

Follow these steps to make sure you are on track with this game-changing technology.

February 1, 2025

Generative AI’s toughest question: What’s it worth?

Finance leaders struggle to determine generative AI’s costs and benefits, but there are suggestions on how to tackle the problem.

December 12, 2024

Gravitating to gen AI: CPA leaders show increased interest

More than 3 in 5 business executives surveyed by the AICPA are at least contemplating the use of generative AI, signaling that broad adoption could be around the corner.

November 1, 2024

Using Copilot in Microsoft Outlook

This column shows how to make good use of Copilot in Microsoft Outlook.

October 31, 2024

How auditors can demystify transformative technology

One tip from Institute of Internal Auditors CEO Anthony Pugliese on harnessing the power of emerging technology: You don’t have to know everything to start working with it.

October 29, 2024

How students use — and don’t use — ChatGPT

A study involving 390 students suggests a preference for using ChatGPT as a supplement to traditional resources, such as class notes and textbooks, to complete accounting assignments.

October 9, 2024

AI promises more efficiency but won’t replace auditors

The 2024 BDO Audit Innovation Survey found that 54% of leaders expect their audit firm to use artificial intelligence and other advanced technologies to enhance the audit experience, but the human element is irreplaceable.

October 1, 2024

Using the AI in Power BI to do root cause analyses

A step-by-step guide shows how the advanced data analytics features in Power BI can solve business problems in minutes rather than hours.

September 16, 2024

More organizations are turning to AI in the finance function

Research finds a significant increase in the percentage of companies leaning into finance AI, even as many struggle to develop sufficient talent to oversee execution.

September 9, 2024

Increasing appetite for M&A, AI driving growth, survey finds

Leaders at private and newly public companies are optimistic about growth opportunities, although many view the pivotal role that artificial intelligence plays to be a double-edged sword.

September 6, 2024

A profitable path powered by AI: Benefits of becoming a ‘data master’

Research reveals how a comprehensive plan related to the relationship between data and artificial intelligence can pay dividends.

September 1, 2024

Using ChatGPT to build a standard operating procedure

See how to use ChatGPT to create standard operating
procedures.

July 25, 2024

Tech adoption at light speed: Balancing euphoria with cynicism

An author and former federal banking regulator, also a keynote speaker at a September AICPA & CIMA conference, offers reasons why technology adoption should be more measured. Listen to the episode or read the Q&A.

July 22, 2024

A&A Focus recap: The ethics of using AI in an audit

The July installment of the monthly newscast series also featured a look at the recently released ACFE Report to the Nations, and the first in a series of conversations about revenue recognition and digital assets.

July 1, 2024

Ask the expert: Why AI is worth all the hype

Dean Sonderegger, Senior Vice President and General Manager of Canada and Research & Learning, Wolters Kluwer Tax & Accounting North America, discusses how generative AI has the potential to drive efficiency in everyday tasks and make professionals more productive.

June 28, 2024